Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F30478
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,010,049
Award facts
- Contract value 100% obligated
- $6,010,048.97 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.
About this award
This is a federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $6,010,048.97, is for the delivery of raw gold bullion to the United States Mint, the federal agency responsible for the production of coins and other precious metal products. The contract is a firm fixed price delivery order, with an ultimate completion date of January 11, 2022. Coins 'N Things, Inc. is a critical supplier of raw precious metals to the United States Mint, and this award is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the agency, which allows the Mint to procure raw gold and silver materials on an as-needed basis to support its ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating that Coins 'N Things, Inc. has demonstrated its competitive positioning in the market for raw precious metal commodities.
Quick answers
Who was awarded contract 2031JG22F30478?
2031JG22F30478 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 20, 2021.
How much is contract 2031JG22F30478 worth?
The government has obligated $6,010,049 on 2031JG22F30478.
Is contract 2031JG22F30478 an order under another contract?
Yes. 2031JG22F30478 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG22F30478 competed?
The extent of competition for 2031JG22F30478 was full and open competition. The government received 3 offers.
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