Raw gold

Ended Awarded Last action

Contract number
2031JG18F30008
Awardee
Awarding agency
Obligated
$1,601,812

Award facts

Contract value 100% obligated
$1,601,812.39 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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.

Transactions

Action Obligated Date
Other Administrative Action 1 · TM-HQ-10-c-0044 order #2031JG18F30008 london gold fix of: 11/27/2017 - $1,294.90 purchase premium : ($.48) purchase quantity: 1,237.475 $3
Original award $1,601,810

About this award

This federal contract award, identified as TMHQ10C0044|2031JG18F30008, was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold, with a ceiling value of $1,601,812.39 and a completion date of December 15, 2017.

The contract is a delivery order, with a firm fixed price pricing type. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to Coins 'N Things, Inc. on June 8, 2021, which serves as a basic ordering agreement to provide raw silver and gold materials to the Mint. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG18F30008?

2031JG18F30008 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 1, 2017.

How much is contract 2031JG18F30008 worth?

The government has obligated $1,601,812 on 2031JG18F30008.

Is contract 2031JG18F30008 an order under another contract?

Yes. 2031JG18F30008 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30008 competed?

The extent of competition for 2031JG18F30008 was full and open competition. The government received 2 offers.

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