Raw silver

Ended Awarded

Contract number
2031JG21F54001
Awardee
Awarding agency
Obligated
$15,843,581

Award facts

Contract value 100% obligated
$15,843,580.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 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 silver bullion, with a ceiling value of $15,843,580.80 and a performance period ending on July 30, 2021. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to Coins 'N Things on June 8, 2021, which serves as a basic ordering agreement to provide raw silver and gold materials to the United States Mint. Through this IDIQ contract and associated delivery orders, Coins 'N Things is a critical supplier of precious metal commodities to support the Mint's coin production and bullion programs. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG21F54001?

2031JG21F54001 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 20, 2021.

How much is contract 2031JG21F54001 worth?

The government has obligated $15,843,581 on 2031JG21F54001.

Is contract 2031JG21F54001 an order under another contract?

Yes. 2031JG21F54001 is a delivery order under 2031JG21D00021, an indefinite delivery contract.

Was contract 2031JG21F54001 competed?

The extent of competition for 2031JG21F54001 was full and open competition. The government received 4 offers.

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