Raw gold
Ended Awarded
- Contract number
- 2031JG20F30180
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,925,593
Award facts
- Contract value 100% obligated
- $6,925,593.22 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 · 3 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of raw gold commodities to the United States Mint. The $6,925,593.22 firm fixed price delivery order contract has an ultimate completion date of August 24, 2020. Coins 'N Things is a critical supplier of gold and silver bullion for the Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. This award is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the Mint, which allows for flexible, rapid procurement of raw precious metals to support the agency's ongoing coin and bullion programs. The contract was awarded without a set-aside designation, indicating Coins 'N Things' competitive positioning in this market.
Quick answers
Who was awarded contract 2031JG20F30180?
2031JG20F30180 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 17, 2020.
How much is contract 2031JG20F30180 worth?
The government has obligated $6,925,593 on 2031JG20F30180.
Is contract 2031JG20F30180 an order under another contract?
Yes. 2031JG20F30180 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30180 competed?
The extent of competition for 2031JG20F30180 was full and open competition. The government received 3 offers.
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