Raw gold
Ended Awarded
- Contract number
- 2031JG21F30366
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,724,650
Award facts
- Contract value 100% obligated
- $4,724,649.92 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, valued at $4,724,649.92, 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, 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, enabling the Mint to rapidly procure critical raw materials to support its ongoing coin production and bullion programs. The contract 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.
Quick answers
Who was awarded contract 2031JG21F30366?
2031JG21F30366 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 14, 2021.
How much is contract 2031JG21F30366 worth?
The government has obligated $4,724,650 on 2031JG21F30366.
Is contract 2031JG21F30366 an order under another contract?
Yes. 2031JG21F30366 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG21F30366 competed?
The extent of competition for 2031JG21F30366 was full and open competition. The government received 4 offers.
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