Raw silver

Ended Awarded

Contract number
2031JG21F54003
Awardee
Awarding agency
Obligated
$14,551,156

Award facts

Contract value 100% obligated
$14,551,155.91 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 federal contract award, valued at $14,551,155.91, was issued 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 and silver bullion to support the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. This contract is not a set-aside award.

Coins 'N Things, Inc. holds a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to the agency on an as-needed basis. Under this IDIQ contract, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million to rapidly procure critical raw materials for the Mint's ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG21F54003?

2031JG21F54003 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 9, 2021.

How much is contract 2031JG21F54003 worth?

The government has obligated $14,551,156 on 2031JG21F54003.

Is contract 2031JG21F54003 an order under another contract?

Yes. 2031JG21F54003 is a delivery order under 2031JG21D00021, an indefinite delivery contract.

Was contract 2031JG21F54003 competed?

The extent of competition for 2031JG21F54003 was full and open competition. The government received 4 offers.

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