Raw gold

Ended Awarded

Contract number
2031JG18F30011
Awardee
Awarding agency
Obligated
$12,038,767

Award facts

Contract value 100% obligated
$12,038,767.47 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 is a firm fixed-price delivery order contract awarded 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, valued at $12,038,767.47, is for the delivery of raw gold to support the Mint's coin production programs.

The contract has an ultimate completion date of December 28, 2017 and was awarded on December 15, 2017. It is not designated as a set-aside contract. Coins 'N Things, Inc. is the prime contractor and sole supplier of raw precious metals, including gold and silver bullion, to the United States Mint. The company holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement for the procurement of raw silver and gold materials on an as-needed basis to support the agency's ongoing coin and bullion programs.

Quick answers

Who was awarded contract 2031JG18F30011?

2031JG18F30011 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 15, 2017.

How much is contract 2031JG18F30011 worth?

The government has obligated $12,038,767 on 2031JG18F30011.

Is contract 2031JG18F30011 an order under another contract?

Yes. 2031JG18F30011 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30011 competed?

The extent of competition for 2031JG18F30011 was full and open competition. The government received 2 offers.

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