Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F30544
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,386,147
Award facts
- Contract value 100% obligated
- $5,386,147.38 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 · 2 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 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 $5,386,147.38 firm fixed price delivery order contract is for the procurement 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) contract between the Mint and Coins 'N Things, Inc. that was awarded on June 8, 2021 and runs through December 31, 2040. This IDIQ serves as a basic ordering agreement to provide raw silver and gold materials to the Mint on an as-needed basis through individual firm fixed price delivery orders. Coins 'N Things, Inc. has established itself as the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services.
The current $5.4 million delivery order contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the prime contractor for this requirement.
Quick answers
Who was awarded contract 2031JG22F30544?
2031JG22F30544 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 28, 2022.
How much is contract 2031JG22F30544 worth?
The government has obligated $5,386,147 on 2031JG22F30544.
Is contract 2031JG22F30544 an order under another contract?
Yes. 2031JG22F30544 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG22F30544 competed?
The extent of competition for 2031JG22F30544 was full and open competition. The government received 2 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award