Raw gold
Ended Awarded Last action
- Contract number
- 2031JG18F30015
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $11,442,145
Award facts
- Contract value 100% obligated
- $11,442,144.94 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Bridgewater, MA 02324, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Additional Work (new agreement, FAR part 6 applies) | $3,305,639 | |
| Original award | $8,136,506 |
About this award
This federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation located in Bridgewater, Massachusetts, is for the provision of raw gold to the United States Mint. The contract, valued at $11,442,144.94, is a delivery order issued under a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the company and the United States Mint. This IDIQ contract serves as a basic ordering agreement to provide raw silver and gold materials to the Mint to support their ongoing coin production and bullion programs. The current delivery order has a firm fixed price and was awarded without any set-aside designations, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government. As a critical vendor in the Mint's coin manufacturing supply chain, Coins 'N Things has consistently provided raw precious metals to the agency through numerous short-term delivery order contracts.
Quick answers
Who was awarded contract 2031JG18F30015?
2031JG18F30015 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 16, 2018.
How much is contract 2031JG18F30015 worth?
The government has obligated $11,442,145 on 2031JG18F30015.
Is contract 2031JG18F30015 an order under another contract?
Yes. 2031JG18F30015 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG18F30015 competed?
The extent of competition for 2031JG18F30015 was full and open competition. The government received 2 offers.
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