Raw gold
Ended Awarded
- Contract number
- 2031JG20F30130
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,596,764
Award facts
- Contract value 100% obligated
- $4,596,764.02 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 TMHQ10C0044|2031JG20F30130 was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $4,596,764.02 firm fixed price delivery order contract is for the provision of raw gold, a critical raw material for the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coins.
The award is not associated with a set-aside program and is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the United States Mint and Coins 'N Things, Inc. that was awarded on June 8, 2021. This IDIQ contract serves as a basic ordering agreement to provide raw silver and gold materials to the Mint through 2040, allowing for flexible, rapid procurement of critical raw materials to support the agency's ongoing coin production and bullion programs. Coins 'N Things, Inc. has established itself as the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services.
Quick answers
Who was awarded contract 2031JG20F30130?
2031JG20F30130 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 12, 2020.
How much is contract 2031JG20F30130 worth?
The government has obligated $4,596,764 on 2031JG20F30130.
Is contract 2031JG20F30130 an order under another contract?
Yes. 2031JG20F30130 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30130 competed?
The extent of competition for 2031JG20F30130 was full and open competition. The government received 2 offers.
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