Basic ordering agreement to provide silver raw material
Active Indefinite Delivery Contract Awarded
- Contract number
- 2031JG21D00021
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 11 $199,114,601 obligated
Award facts
- Combined order value
- $199,114,601 Current and potential, with all options
- Last date to order 27% complete
- IDV ceiling 2% used
- $10,000,000,000.00
- Maximum order
- $100,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Department of the Treasury United States Mint awarded a multiple-award indefinite-delivery/indefinite-quantity contract to Coins 'N Things, Inc. for the provision of raw silver. The contract has a potential value of $10 billion and a period of performance through December 31, 2040.
Under the contract, the Mint issued several firm fixed price delivery orders to Coins 'N Things, Inc. for the delivery of raw silver from the awardee's Bridgewater, Massachusetts facility to the Mint. The orders ranged in value from approximately $4 million to $15.8 million and had periods of performance from one to seven days, indicating urgent needs to replenish silver inventory for coin production programs. As the sole supplier of bullion coins to the Mint, Coins 'N Things, Inc. supports the agency's manufacturing of circulating coinage and production of American Eagle silver bullion coins. No set aside designations or subcontractors were identified in the task orders provided.
The contract and delivery orders awarded appear to aim to procure a reliable supply of raw silver, a critical material input, to support the Mint's mission of producing circulating coins and bullion programs through an indefinite-delivery contract vehicle with a long-term ordering period and ability to issue firm fixed price delivery orders on an as-needed basis.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Raw silver | United States Mint | $35,095,017 | |
| Raw silver | United States Mint | $45,444,276 | |
| Raw silver | United States Mint | $13,927,569 | |
| Raw silver | United States Mint | $4,093,450 | |
| Raw silver | United States Mint | $13,978,795 | |
| Raw silver | United States Mint | $13,837,174 | |
| Raw silver | United States Mint | $13,931,594 | |
| Raw silver | United States Mint | $14,154,592 | |
| Raw silver | United States Mint | $14,551,156 | |
| Raw silver | United States Mint | $14,257,398 | |
| Raw silver | United States Mint | $15,843,581 |
Show all 11
Quick answers
Who was awarded contract 2031JG21D00021?
2031JG21D00021 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 8, 2021.
How much is contract 2031JG21D00021 worth?
Orders under 2031JG21D00021 have obligated $199,114,601. 2031JG21D00021's own ceiling is $10,000,000,000. A single order can be worth up to $100,000,000.
How many orders have been placed under contract 2031JG21D00021?
11 orders have been placed under 2031JG21D00021, the latest on July 15, 2026.
Who can order from contract 2031JG21D00021?
2031JG21D00021 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031JG21D00021 competed?
The extent of competition for 2031JG21D00021 was full and open competition. The government received 4 offers.
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