Raw gold
Ended Awarded
- Contract number
- 2031JG18F30037
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,264,289
Award facts
- Contract value 100% obligated
- $4,264,288.89 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 |
|---|---|---|
| Modification | $3,790,479 | |
| Additional Work (new agreement, FAR part 6 applies) | $473,810 |
About this award
This federal contract award TMHQ10C0044|2031JG18F30037, with a ceiling value of $4,264,288.89, was issued by the United States Mint (under the Department of the Treasury) to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold, a critical input for the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs.
Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to the agency on an as-needed basis through firm fixed price delivery orders. This current award is one such delivery order under the IDIQ vehicle, with a performance period ending on August 30, 2018. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.
Quick answers
Who was awarded contract 2031JG18F30037?
2031JG18F30037 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 24, 2018.
How much is contract 2031JG18F30037 worth?
The government has obligated $4,264,289 on 2031JG18F30037.
Is contract 2031JG18F30037 an order under another contract?
Yes. 2031JG18F30037 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG18F30037 competed?
The extent of competition for 2031JG18F30037 was full and open competition. The government received 2 offers.
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