Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F30601
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,981,701
Award facts
- Contract value 100% obligated
- $2,981,700.52 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 contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract, valued at $2,981,700.52, was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has a firm fixed price and was awarded without any set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government.
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 support the agency's ongoing coin production and bullion programs. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million, enabling the Mint to procure critical raw materials on an as-needed basis.
Quick answers
Who was awarded contract 2031JG22F30601?
2031JG22F30601 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 13, 2022.
How much is contract 2031JG22F30601 worth?
The government has obligated $2,981,701 on 2031JG22F30601.
Is contract 2031JG22F30601 an order under another contract?
Yes. 2031JG22F30601 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG22F30601 competed?
The extent of competition for 2031JG22F30601 was full and open competition. The government received 4 offers.
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