Raw gold
Ended Awarded Last action
- Contract number
- 2031JG21F30218
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,014,954
Award facts
- Contract value 100% obligated
- $6,014,954.45 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 · 3 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 | $1,497,248 | |
| Original award | $4,517,706 |
About this award
This is a $6,014,954.45 firm fixed price delivery order contract awarded 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 to support the Mint's coin production programs. It does not have a set-aside designation. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the U.S. government, serving as the sole provider of these raw materials to the United States Mint. The company holds a $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which allows for flexible, rapid procurement of precious metals to support ongoing coin and bullion programs. This latest award is one of multiple delivery orders issued under the IDIQ vehicle to enable the Mint to acquire raw precious metals as needed.
Quick answers
Who was awarded contract 2031JG21F30218?
2031JG21F30218 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 16, 2020.
How much is contract 2031JG21F30218 worth?
The government has obligated $6,014,954 on 2031JG21F30218.
Is contract 2031JG21F30218 an order under another contract?
Yes. 2031JG21F30218 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30218 competed?
The extent of competition for 2031JG21F30218 was full and open competition. The government received 3 offers.
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