Raw gold
Ended Awarded Last action
- Contract number
- 2031JG20F30119
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,395,198
Award facts
- Contract value 100% obligated
- $6,395,197.85 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 | $3,077,097 | |
| Funding Only Action | $0 | |
| Original award | $3,318,101 |
About this award
This is a federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, awarded by the United States Mint, is for the delivery of raw gold (RAW GOLD) with a ceiling value of $6,395,197.85. The contract is a Firm Fixed Price Delivery Order with an ultimate completion date of April 24, 2020. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, and this contract is part of the company's multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint valued at $10 billion, with an extended performance period through December 31, 2040. 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 2031JG20F30119?
2031JG20F30119 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 8, 2020.
How much is contract 2031JG20F30119 worth?
The government has obligated $6,395,198 on 2031JG20F30119.
Is contract 2031JG20F30119 an order under another contract?
Yes. 2031JG20F30119 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30119 competed?
The extent of competition for 2031JG20F30119 was full and open competition. The government received 2 offers.
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