Raw gold
Ended Awarded Last action
- Contract number
- 2031JG20F30105
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $7,412,729
Award facts
- Contract value 100% obligated
- $7,412,729.49 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 |
|---|---|---|
| Funding Only Action | $3,124,258 | |
| Original award | $4,288,471 |
About this award
This federal contract award, TMHQ10C0044|2031JG20F30105, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $7,412,729.49 firm fixed price delivery order contract is for the provision of raw gold to the United States Mint. The contract did not have a set-aside designation, indicating Coins 'N Things' competitive position as the sole supplier of bullion coins to the U.S. government.
Coins 'N Things, Inc. also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, awarded on June 8, 2021, which serves as a basic ordering agreement to provide raw silver and gold materials to support the Mint'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 materials on an as-needed basis.
Quick answers
Who was awarded contract 2031JG20F30105?
2031JG20F30105 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 30, 2020.
How much is contract 2031JG20F30105 worth?
The government has obligated $7,412,729 on 2031JG20F30105.
Is contract 2031JG20F30105 an order under another contract?
Yes. 2031JG20F30105 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30105 competed?
The extent of competition for 2031JG20F30105 was full and open competition. The government received 2 offers.
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