Raw gold

Ended Awarded

Contract number
2031JG18F30006
Awardee
Awarding agency
Obligated
$1,028,636

Award facts

Contract value 100% obligated
$1,028,636.29 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

The U.S. Mint awarded a firm fixed price delivery order contract to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $1,028,636.29 contract is for the delivery of raw gold to support the Mint's coin production programs. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to Coins 'N Things in June 2021, which serves as a basic ordering agreement to provide raw silver and gold materials to the Mint on an as-needed basis. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government. This contract is critical to the U.S. Mint's coin manufacturing supply chain, as Coins 'N Things is a key vendor providing the necessary raw precious metal commodities.

Quick answers

Who was awarded contract 2031JG18F30006?

2031JG18F30006 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 15, 2017.

How much is contract 2031JG18F30006 worth?

The government has obligated $1,028,636 on 2031JG18F30006.

Is contract 2031JG18F30006 an order under another contract?

Yes. 2031JG18F30006 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30006 competed?

The extent of competition for 2031JG18F30006 was full and open competition. The government received 2 offers.

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