Raw gold
Ended Awarded Last action
- Contract number
- 2031JG20F30162
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,018,557
Award facts
- Contract value 100% obligated
- $5,018,557.39 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 · 4 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 | $2,959,171 | |
| Original award | $2,059,387 |
About this award
This federal contract award is a delivery order valued at $5,018,557.39 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 and is not set aside. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint to provide raw silver and gold materials, under which this delivery order was issued. The IDIQ contract allows the Mint to procure critical raw materials to support its ongoing coin production and bullion programs, positioning Coins 'N Things as an essential partner in the U.S. coin manufacturing supply chain.
Quick answers
Who was awarded contract 2031JG20F30162?
2031JG20F30162 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 22, 2020.
How much is contract 2031JG20F30162 worth?
The government has obligated $5,018,557 on 2031JG20F30162.
Is contract 2031JG20F30162 an order under another contract?
Yes. 2031JG20F30162 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30162 competed?
The extent of competition for 2031JG20F30162 was full and open competition. The government received 4 offers.
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