Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F30497
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $8,458,013
Award facts
- Contract value 100% obligated
- $8,458,012.88 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 was made by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $8,458,012.88 firm fixed price delivery order contract is for the provision of raw gold bullion to support the Mint's coin production programs.
The contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) agreement between the Mint and Coins 'N Things, which serves as a basic ordering agreement for the company to provide raw silver and gold materials on an as-needed basis to the agency. This IDIQ contract, awarded on June 8, 2021, has an extended performance period through December 31, 2040, allowing the Mint to rapidly procure critical raw precious metals to support its ongoing coin manufacturing efforts. The current $8.5 million delivery order has a performance period ending on January 20, 2022. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the Mint's sole supplier of bullion coins.
Quick answers
Who was awarded contract 2031JG22F30497?
2031JG22F30497 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 12, 2022.
How much is contract 2031JG22F30497 worth?
The government has obligated $8,458,013 on 2031JG22F30497.
Is contract 2031JG22F30497 an order under another contract?
Yes. 2031JG22F30497 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG22F30497 competed?
The extent of competition for 2031JG22F30497 was full and open competition. The government received 4 offers.
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