Raw gold

Ended Awarded Last action

Contract number
2031JG18F30019
Awardee
Awarding agency
Obligated
$11,538,226

Award facts

Contract value 100% obligated
$11,538,226.36 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
Funding Only Action P0001 $7,286,830
Original award $4,251,396

About this award

This contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, provides raw gold to the United States Mint. The contract has a ceiling value of $11,538,226.36 and is a firm fixed price delivery order with a performance period ending on January 31, 2018. This award is part of a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the U.S. Mint, which allows for the flexible procurement of critical raw materials to support the agency's ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole provider of bullion coins to the U.S. government. As a prime contractor, Coins 'N Things is responsible for delivering the required raw gold to the Mint's facility in Bridgewater, Massachusetts.

Quick answers

Who was awarded contract 2031JG18F30019?

2031JG18F30019 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 22, 2018.

How much is contract 2031JG18F30019 worth?

The government has obligated $11,538,226 on 2031JG18F30019.

Is contract 2031JG18F30019 an order under another contract?

Yes. 2031JG18F30019 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30019 competed?

The extent of competition for 2031JG18F30019 was full and open competition. The government received 2 offers.

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