Raw gold
Ended Awarded
- Contract number
- 2031JG21F30281
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,961,231
Award facts
- Contract value 100% obligated
- $5,961,231.15 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 is a federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The award, Contract ID TMHQ10C0044|2031JG21F30281, is a Firm Fixed Price Delivery Order contract worth $5,961,231.15 for the delivery of raw gold to the United States Mint. The contract has an ultimate completion date of February 11, 2021.
Coins 'N Things, Inc. is a key supplier of gold and silver bullion to the United States Mint, serving as a critical vendor in the government's coin manufacturing ecosystem. The company holds a $10 billion Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement for the procurement of raw silver and gold materials. This particular award is one of the firm fixed price delivery orders issued under the IDIQ contract, enabling the Mint to rapidly acquire the necessary raw precious metals to support its ongoing coin production and bullion programs.
The contract does not have a set-aside designation, indicating that Coins 'N Things, Inc. has established a competitive position as the sole supplier of bullion coins to the United States government.
Quick answers
Who was awarded contract 2031JG21F30281?
2031JG21F30281 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 8, 2021.
How much is contract 2031JG21F30281 worth?
The government has obligated $5,961,231 on 2031JG21F30281.
Is contract 2031JG21F30281 an order under another contract?
Yes. 2031JG21F30281 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30281 competed?
The extent of competition for 2031JG21F30281 was full and open competition. The government received 4 offers.
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