Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG22F30500
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $8,689,880
Award facts
- Contract value 100% obligated
- $8,689,879.90 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 · 4 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 | $2,776,758 | |
| Original award | $5,913,122 |
About this award
This federal contract award, TMHQ10C0044|2031JG22F30500, was issued by the United States Mint (a civilian agency) to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $8,689,879.90 firm fixed price delivery order contract is for the supply of raw gold bullion to support the Mint's coin production 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 on an as-needed basis through 2040. This contract award does not have a set-aside designation, indicating the company's competitive positioning as the sole supplier of bullion coins to the U.S. government. As a critical vendor in the U.S. coin manufacturing supply chain, Coins 'N Things, Inc. has consistently provided raw precious metals to the Mint through numerous short-term delivery order contracts.
Quick answers
Who was awarded contract 2031JG22F30500?
2031JG22F30500 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 12, 2022.
How much is contract 2031JG22F30500 worth?
The government has obligated $8,689,880 on 2031JG22F30500.
Is contract 2031JG22F30500 an order under another contract?
Yes. 2031JG22F30500 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG22F30500 competed?
The extent of competition for 2031JG22F30500 was full and open competition. The government received 4 offers.
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