Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F30704
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,247,701
Award facts
- Contract value 100% obligated
- $6,247,700.81 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 · 3 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 is a firm fixed-price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold bullion, with a ceiling value of $6,247,700.81 and a period of performance through June 15, 2023.
Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to the agency on an as-needed basis. This delivery order contract is issued under that IDIQ vehicle, allowing the U.S. Mint to rapidly procure critical raw materials to support its ongoing coin manufacturing operations. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the U.S. government.
Quick answers
Who was awarded contract 2031JG23F30704?
2031JG23F30704 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 7, 2023.
How much is contract 2031JG23F30704 worth?
The government has obligated $6,247,701 on 2031JG23F30704.
Is contract 2031JG23F30704 an order under another contract?
Yes. 2031JG23F30704 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 2031JG23F30704 competed?
The extent of competition for 2031JG23F30704 was full and open competition. The government received 3 offers.
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