Precious metals blank fabrication the following attachments are hereby incorporated by reference: 1) sigmund cohn proposal & other enclosures
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 2031JG24D00017
- Awardee
-
Sigmund Cohn Corp. UEI DN2AJJCAVFL7
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 2 $196,570 obligated
Award facts
- Combined order value
- $196,570 Current and potential, with all options
- Last date to order 26% complete
- IDV ceiling <1% used
- $150,000,000.00
- Maximum order
- $20,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 332999 All Other Miscellaneous Fabricated Metal Product Manufacturing
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 11 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The United States Mint awarded a single-award Indefinite Delivery Contract to Sigmund Cohn Corp. (UEI: DN2AJJCAVFL7) on March 27, 2024, for the fabrication of precious metals blanks, with a ceiling value of $150,000,000 and an ultimate completion date of November 30, 2033. The contract encompasses the manufacturing of blank coins and medallions from precious metals, which serve as precursors to finished numismatic and circulating products produced by the Mint. No set-aside provisions were applied to this procurement. The contract incorporates the Sigmund Cohn proposal and enclosures by reference and includes an annual economic price adjustment clause (P0004) to account for material cost fluctuations over the extended performance period.
Under this Indefinite Delivery Contract vehicle, task orders are issued to meet specific production requirements. One task order awarded on August 20, 2024, specified delivery of one-ounce platinum blanks with a ceiling value of $138,150 under firm fixed-price terms, with performance scheduled for completion by March 14, 2025, and place of performance at Mt Vernon, New York. The task order structure allows the Mint to issue additional delivery orders throughout the contract period based on operational demand for precious metals blank inventory, providing procurement flexibility while maintaining pricing agreements and quality standards established under the master contract terms.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| 1 OZ platinum blanks | United States Mint | $58,420 | |
| 1 OZ platinum blanks | United States Mint | $138,150 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 2031JG24D00017?
2031JG24D00017 was awarded to Sigmund Cohn Corp. by United States Mint (Department of the Treasury) on March 27, 2024.
How much is contract 2031JG24D00017 worth?
Orders under 2031JG24D00017 have obligated $196,570. 2031JG24D00017's own ceiling is $150,000,000. A single order can be worth up to $20,000,000.
How many orders have been placed under contract 2031JG24D00017?
2 orders have been placed under 2031JG24D00017, the latest on August 11, 2026.
Who can order from contract 2031JG24D00017?
2031JG24D00017 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031JG24D00017 competed?
The extent of competition for 2031JG24D00017 was full and open competition. The government received 11 offers.
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