Raw gold
Ended Awarded
- Contract number
- 2031JG21F30289
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,964,324
Award facts
- Contract value 100% obligated
- $5,964,324.12 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 · 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of raw gold bullion to the United States Mint. The firm fixed price contract, valued at $5,964,324.12, has an ultimate completion date of February 25, 2021. The contract was awarded on February 16, 2021 and does not have a set-aside designation.
Coins 'N Things, Inc. serves as a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which provides a basic ordering agreement for the delivery of raw silver and gold materials through December 31, 2040. Under this IDIQ contract, 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 materials to support its ongoing coin manufacturing operations.
Quick answers
Who was awarded contract 2031JG21F30289?
2031JG21F30289 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 16, 2021.
How much is contract 2031JG21F30289 worth?
The government has obligated $5,964,324 on 2031JG21F30289.
Is contract 2031JG21F30289 an order under another contract?
Yes. 2031JG21F30289 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30289 competed?
The extent of competition for 2031JG21F30289 was full and open competition. The government received 4 offers.
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