Raw gold

Ended Awarded Last action

Contract number
2031JG18F30009
Awardee
Awarding agency
Obligated
$13,166,636

Award facts

Contract value 100% obligated
$13,166,635.97 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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
Funding Only Action P0001 $3,386,244
Original award $9,780,392

About this award

This federal contract award was issued by the United States Mint, a civilian agency of the U.S. government, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $13,166,635.97, is a delivery order contract for the procurement of raw gold bullion. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc. was competitively selected. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to Coins 'N Things, Inc. in June 2021, which serves as a basic ordering agreement to provide raw silver and gold materials to the United States Mint to support its ongoing coin production and bullion programs. The company has established itself as the sole supplier of bullion coins to the U.S. government, playing a critical role in the nation's coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG18F30009?

2031JG18F30009 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 1, 2017.

How much is contract 2031JG18F30009 worth?

The government has obligated $13,166,636 on 2031JG18F30009.

Is contract 2031JG18F30009 an order under another contract?

Yes. 2031JG18F30009 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30009 competed?

The extent of competition for 2031JG18F30009 was full and open competition. The government received 2 offers.

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