Raw gold
Ended Awarded Last action
- Contract number
- 2031JG20F30116
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $7,942,172
Award facts
- Contract value 100% obligated
- $7,942,172.06 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 | $7,292,576 | |
| Original award | $649,596 |
About this award
This federal contract award, valued at $7,942,172.06, was issued by the United States Mint 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 raw material used in the production of coins and bullion by the United States Mint.
Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint that serves as a basic ordering agreement for the company to provide raw silver and gold materials on an as-needed basis to support the Mint's ongoing coin production and bullion programs. This specific award is a delivery order under that IDIQ vehicle, with a firm fixed price and a performance period of approximately one month. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc. has established itself as the sole competitive supplier of these raw precious metal commodities to the United States government.
Quick answers
Who was awarded contract 2031JG20F30116?
2031JG20F30116 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 6, 2020.
How much is contract 2031JG20F30116 worth?
The government has obligated $7,942,172 on 2031JG20F30116.
Is contract 2031JG20F30116 an order under another contract?
Yes. 2031JG20F30116 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30116 competed?
The extent of competition for 2031JG20F30116 was full and open competition. The government received 2 offers.
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