Raw gold
Ended Awarded Last action
- Contract number
- 2031JG21F30248
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,062,945
Award facts
- Contract value 100% obligated
- $6,062,944.97 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 |
|---|---|---|
| Supplemental Agreement for work within scope | $3,130,646 | |
| Original award | $2,932,299 |
About this award
This federal contract award is for the delivery of raw gold to the United States Mint, a civilian agency of the U.S. government. The prime contractor, Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, was awarded a firm-fixed-price delivery order contract worth $6,062,944.97. The contract has an ultimate completion date of January 22, 2021.
Coins 'N Things, Inc. is the sole supplier of bullion coins to the U.S. government and has a significant $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. This delivery order contract is part of that larger IDIQ vehicle, enabling the Mint to procure raw precious metals on an as-needed basis to support its ongoing coin production and bullion programs. The contract was awarded without any set-aside designation.
Quick answers
Who was awarded contract 2031JG21F30248?
2031JG21F30248 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 11, 2021.
How much is contract 2031JG21F30248 worth?
The government has obligated $6,062,945 on 2031JG21F30248.
Is contract 2031JG21F30248 an order under another contract?
Yes. 2031JG21F30248 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30248 competed?
The extent of competition for 2031JG21F30248 was full and open competition. The government received 4 offers.
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