Raw gold
Ended Awarded
- Contract number
- 2031JG20F30197
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,613,351
Award facts
- Contract value 100% obligated
- $1,613,351.31 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.
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 (RAW GOLD) to the United States Mint. The $1,613,351.31 firm fixed price delivery order contract has a performance period ending on September 18, 2020 and was awarded on September 10, 2020.
Coins 'N Things, Inc. holds a larger $10 billion 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 support the agency's ongoing coin production and bullion programs. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million. This contract was awarded on June 8, 2021 and has an extended performance period through December 31, 2040, positioning Coins 'N Things as an essential partner in the United States' coin manufacturing supply chain. The contract award did not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG20F30197?
2031JG20F30197 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 10, 2020.
How much is contract 2031JG20F30197 worth?
The government has obligated $1,613,351 on 2031JG20F30197.
Is contract 2031JG20F30197 an order under another contract?
Yes. 2031JG20F30197 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG20F30197 competed?
The extent of competition for 2031JG20F30197 was full and open competition. The government received 4 offers.
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