Raw gold
Ended Awarded Last action
- Contract number
- 2031JG21F30254
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,970,928
Award facts
- Contract value 100% obligated
- $9,970,928.46 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 |
|---|---|---|
| Funding Only Action | $6,987,551 | |
| Original award | $2,983,378 |
About this award
This firm fixed-price delivery order contract was awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $9,970,928.46, is for the delivery of raw gold bullion to support the Mint's coin production programs. This award is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the Mint and Coins 'N Things, which serves as a basic ordering agreement for the provision of raw silver and gold materials. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government. Through this and other delivery order contracts, Coins 'N Things has established itself as a critical partner in the United States' coin manufacturing supply chain.
Quick answers
Who was awarded contract 2031JG21F30254?
2031JG21F30254 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 19, 2021.
How much is contract 2031JG21F30254 worth?
The government has obligated $9,970,928 on 2031JG21F30254.
Is contract 2031JG21F30254 an order under another contract?
Yes. 2031JG21F30254 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30254 competed?
The extent of competition for 2031JG21F30254 was full and open competition. The government received 4 offers.
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