Raw gold

Ended Awarded

Contract number
2031JG18F30024
Awardee
Awarding agency
Obligated
$6,392,503

Award facts

Contract value 100% obligated
$6,392,502.70 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

This federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, provides raw gold commodities to the United States Mint. The $6,392,502.70 firm fixed price delivery order contract was awarded on March 19, 2018 with a completion date of March 23, 2018. The contract does not have a set-aside designation.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government and has extensive expertise in precious metals depository, minting, and lending services. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint to provide raw silver and gold materials through December 31, 2040. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders to rapidly procure critical raw materials and support the Mint's ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG18F30024?

2031JG18F30024 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 19, 2018.

How much is contract 2031JG18F30024 worth?

The government has obligated $6,392,503 on 2031JG18F30024.

Is contract 2031JG18F30024 an order under another contract?

Yes. 2031JG18F30024 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30024 competed?

The extent of competition for 2031JG18F30024 was full and open competition. The government received 2 offers.

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