Gold raw material
Ended Awarded
- Contract number
- 2031JG20F30159
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,248,788
Award facts
- Contract value 100% obligated
- $3,248,787.76 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 · 4 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, valued at $3,248,787.76, 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 gold raw material to support the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. This is a firm fixed price delivery order contract with a completion date of July 15, 2020.
Coins 'N Things, Inc. also holds a $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 the agency on an as-needed basis. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million. Through these contract awards, Coins 'N Things, Inc. has established itself as the sole supplier of bullion coins to the United States government, playing a critical role in the country's coin manufacturing supply chain.
Quick answers
Who was awarded contract 2031JG20F30159?
2031JG20F30159 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 7, 2020.
How much is contract 2031JG20F30159 worth?
The government has obligated $3,248,788 on 2031JG20F30159.
Is contract 2031JG20F30159 an order under another contract?
Yes. 2031JG20F30159 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30159 competed?
The extent of competition for 2031JG20F30159 was full and open competition. The government received 4 offers.
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