Raw gold

Ended Awarded

Contract number
2018JG18F30002
Awardee
Awarding agency
Obligated
$2,107,773

Award facts

Contract value 100% obligated
$2,107,772.61 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition · 2 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 $2,107,772.61, 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 gold, a critical raw material used in the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The contract is a firm fixed price delivery order, with an ultimate completion date of November 6, 2017. Coins 'N Things, Inc. holds a larger multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint valued at $10 billion, with an extended performance period through December 31, 2040. This IDIQ contract serves as a basic ordering agreement to provide raw silver and gold materials to the Mint on an as-needed basis. The contract was awarded without a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2018JG18F30002?

2018JG18F30002 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 1, 2017.

How much is contract 2018JG18F30002 worth?

The government has obligated $2,107,773 on 2018JG18F30002.

Is contract 2018JG18F30002 an order under another contract?

Yes. 2018JG18F30002 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2018JG18F30002 competed?

The extent of competition for 2018JG18F30002 was full and open competition. The government received 2 offers.

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