Raw gold
Ended Awarded
- Contract number
- 2031JG21F30309
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,875,394
Award facts
- Contract value 100% obligated
- $5,875,394.49 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 United States Mint to procure raw gold from Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $5,875,394.49, is a firm-fixed-price delivery order with a completion date of March 4, 2021. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint to provide raw silver and gold materials on an as-needed basis through December 31, 2040. This 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 2031JG21F30309?
2031JG21F30309 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 1, 2021.
How much is contract 2031JG21F30309 worth?
The government has obligated $5,875,394 on 2031JG21F30309.
Is contract 2031JG21F30309 an order under another contract?
Yes. 2031JG21F30309 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30309 competed?
The extent of competition for 2031JG21F30309 was full and open competition. The government received 4 offers.
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