Raw gold
Ended Awarded
- Contract number
- 2031JG21F30345
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,142,286
Award facts
- Contract value 100% obligated
- $5,142,286.38 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 · 2 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, valued at $5,142,286.38, was issued 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 is a delivery order for the procurement of raw gold, with a firm fixed price and an ultimate completion date of June 5, 2021.
Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, specializing in precious metals depository, minting, and lending services. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials. This latest award is likely a delivery order under the IDIQ contract, enabling the Mint to procure critical raw materials to support its ongoing coin production and bullion programs. The contract was awarded without a set-aside designation, indicating Coins 'N Things' competitive positioning as a prime contractor for the United States Mint.
Quick answers
Who was awarded contract 2031JG21F30345?
2031JG21F30345 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 26, 2021.
How much is contract 2031JG21F30345 worth?
The government has obligated $5,142,286 on 2031JG21F30345.
Is contract 2031JG21F30345 an order under another contract?
Yes. 2031JG21F30345 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30345 competed?
The extent of competition for 2031JG21F30345 was full and open competition. The government received 2 offers.
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