Raw gold
Ended Awarded Last action
- Contract number
- 2031JG21F30349
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,954,613
Award facts
- Contract value 100% obligated
- $4,954,613.46 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 · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Bridgewater, MA 02324, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $0 | |
| Original award | $4,954,613 |
About this award
This federal contract award, valued at $4,954,613.46, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold (RAW GOLD) to support the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs.
Coins 'N Things, Inc. also holds a larger $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 on an as-needed basis. This IDIQ contract, awarded on June 8, 2021, enables the Mint to rapidly procure critical raw materials to support its ongoing coin production.
The current contract award does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government. As a prime contractor, Coins 'N Things, Inc. is responsible for delivering the raw gold to the Mint's facility in Bridgewater, Massachusetts by the ultimate completion date of June 10, 2021.
Quick answers
Who was awarded contract 2031JG21F30349?
2031JG21F30349 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 1, 2021.
How much is contract 2031JG21F30349 worth?
The government has obligated $4,954,613 on 2031JG21F30349.
Is contract 2031JG21F30349 an order under another contract?
Yes. 2031JG21F30349 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30349 competed?
The extent of competition for 2031JG21F30349 was full and open competition. The government received 3 offers.
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