Raw gold
Ended Awarded
- Contract number
- 2031JG21F30229
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,017,645
Award facts
- Contract value 100% obligated
- $3,017,645.04 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, TMHQ10C0044|2031JG21F30229, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $3,017,645.04 firm fixed price delivery order contract is for the provision of raw gold to the United States Mint. The contract has an ultimate completion date of December 8, 2020 and was awarded on December 2, 2020.
Coins 'N Things, Inc. 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 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, enabling the Mint to rapidly procure critical raw precious metals. This contract award was not set aside and represents Coins 'N Things' role as the sole supplier of bullion coins to the United States government.
Quick answers
Who was awarded contract 2031JG21F30229?
2031JG21F30229 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 2, 2020.
How much is contract 2031JG21F30229 worth?
The government has obligated $3,017,645 on 2031JG21F30229.
Is contract 2031JG21F30229 an order under another contract?
Yes. 2031JG21F30229 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30229 competed?
The extent of competition for 2031JG21F30229 was full and open competition. The government received 3 offers.
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