Raw gold
Ended Awarded
- Contract number
- 2031JG21F30258
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,183,952
Award facts
- Contract value 100% obligated
- $6,183,952.00 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 is for the procurement of raw gold by the United States Mint, a civilian agency of the U.S. government. The contract, valued at $6,183,952.00, was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order with a firm fixed price pricing type and an ultimate completion date of February 2, 2021.
Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, under which the company receives numerous delivery orders to provide raw precious metals on an as-needed basis to support the Mint's ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning in the market.
Quick answers
Who was awarded contract 2031JG21F30258?
2031JG21F30258 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 27, 2021.
How much is contract 2031JG21F30258 worth?
The government has obligated $6,183,952 on 2031JG21F30258.
Is contract 2031JG21F30258 an order under another contract?
Yes. 2031JG21F30258 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30258 competed?
The extent of competition for 2031JG21F30258 was full and open competition. The government received 4 offers.
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