Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F30683
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,432,469
Award facts
- Contract value 100% obligated
- $6,432,468.65 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract has a total ceiling value of $6,432,468.65 and was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order with a firm fixed price pricing type and has a performance period ending on May 9, 2023.
Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production programs, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, which provides a basic ordering agreement for the procurement of raw silver and gold materials on an as-needed basis. This latest award is issued under that IDIQ vehicle, enabling the U.S. Mint to rapidly acquire the necessary raw precious metals to support its ongoing coin manufacturing operations.
Quick answers
Who was awarded contract 2031JG23F30683?
2031JG23F30683 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 26, 2023.
How much is contract 2031JG23F30683 worth?
The government has obligated $6,432,469 on 2031JG23F30683.
Is contract 2031JG23F30683 an order under another contract?
Yes. 2031JG23F30683 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG23F30683 competed?
The extent of competition for 2031JG23F30683 was full and open competition. The government received 4 offers.
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