Raw gold
Ended Awarded Last action
- Contract number
- 2031JG21F30352
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,206,301
Award facts
- Contract value 100% obligated
- $5,206,300.58 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 | $1,471,950 | |
| Funding Only Action | $2,262,401 | |
| Original award | $1,471,950 |
About this award
This federal contract award, valued at $5,206,300.58, was made 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, a critical raw material used in the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs.
Coins 'N Things, Inc. 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 to the agency on an as-needed basis. Under this IDIQ vehicle, the company receives firm fixed price delivery orders ranging from $4 million to $15.8 million to support the Mint's ongoing coin production and bullion programs. This contract was awarded without a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.
Quick answers
Who was awarded contract 2031JG21F30352?
2031JG21F30352 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 28, 2021.
How much is contract 2031JG21F30352 worth?
The government has obligated $5,206,301 on 2031JG21F30352.
Is contract 2031JG21F30352 an order under another contract?
Yes. 2031JG21F30352 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30352 competed?
The extent of competition for 2031JG21F30352 was full and open competition. The government received 3 offers.
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