Raw gold
Ended Awarded
- Contract number
- 2031JG19F30051
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,630,685
Award facts
- Contract value 100% obligated
- $4,630,685.45 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.
About this award
This federal contract award was issued by the United States Mint, a civilian agency of the U.S. government, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $4,630,685.45, is a firm fixed price delivery order contract for the procurement of raw gold bullion. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc. competed for this award on an unrestricted basis.
Coins 'N Things, Inc. also holds a larger $10 billion multiple-award 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 support the agency's ongoing coin production and bullion programs. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million, allowing the Mint to procure critical raw precious metals on an as-needed basis.
Quick answers
Who was awarded contract 2031JG19F30051?
2031JG19F30051 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 6, 2018.
How much is contract 2031JG19F30051 worth?
The government has obligated $4,630,685 on 2031JG19F30051.
Is contract 2031JG19F30051 an order under another contract?
Yes. 2031JG19F30051 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG19F30051 competed?
The extent of competition for 2031JG19F30051 was full and open competition. The government received 2 offers.
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