Indefinite Delivery Contract 2031JG21D00003

Award Date 11/1/20
Last Date to Order 10/31/25
Federal Agency
United States Mint
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Order Dependent (IDV only)
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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  • 2031JG21D00003
    Indefinite Delivery Contract
  • 5
    Federal Contract Awards

The Department of the Treasury United States Mint awarded Coin Wrap Inc. an indefinite delivery contract with a potential value of $7,000,000 to provide offsite storage services from November 2020 through October 2025. Under the contract vehicle, the Mint has issued five firm fixed price delivery orders to Coin Wrap for periods of performance between November 2020 and October 2025. The delivery orders range in value from $1,000,000 to $3,000,000 and require Coin Wrap to store Mint production materials, coins, and inventory at its Washington D.C. facility to support the agency's numismatic operations. As the Treasury's bureau responsible for minting and distributing circulating coinage, the Mint relies on specialized third-party logistics to manage the storage and handling of its commodity inputs and finished numismatic products. The indefinite delivery contract and subsequent delivery orders awarded to Coin Wrap aim to meet these offsite storage requirements through October 2025.

The five task orders issued to date by the Mint include storage services for Fiscal Years 2023 through 2025, with periods of performance running from November to October for each fiscal year requirement. Earlier delivery orders procured offsite storage from November 2020 through October 2021 and from November 2021 through October 2022. All work is conducted at Coin Wrap's Washington D.C. location, and no subcontracting or set-aside designations were specified in the contract documentation provided. The indefinite delivery contract and task orders were awarded without competition based on Coin Wrap's standing as the Mint's provider for these specialized offsite storage logistics services.

Generated 1/4/24, 11:42 PM