Raw gold

Ended Awarded

Contract number
2031JG18F30029
Awardee
Awarding agency
Obligated
$2,613,823

Award facts

Contract value 100% obligated
$2,613,822.99 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

The Department of the Treasury United States Mint has awarded a firm fixed price delivery order contract to Coins 'N Things, Inc. (CNT) to provide raw gold and silver bullion. The $2,613,822.99 contract requires CNT to deliver the precious metal commodities to the Mint's facility in Bridgewater, Massachusetts within one to seven days. The raw gold and silver bullion will be utilized by the Mint in the production of coins for circulation and commemorative coin programs. This award is under a larger $10 billion indefinite-delivery/indefinite-quantity contract between the Mint and CNT, which has a period of performance through 2040. The high dollar values and short delivery timeframes indicate the criticality of raw precious metal supplies to supporting the Mint's bullion coin production, as the sole supplier of bullion coins to the United States.

Quick answers

Who was awarded contract 2031JG18F30029?

2031JG18F30029 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 15, 2018.

How much is contract 2031JG18F30029 worth?

The government has obligated $2,613,823 on 2031JG18F30029.

Is contract 2031JG18F30029 an order under another contract?

Yes. 2031JG18F30029 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30029 competed?

The extent of competition for 2031JG18F30029 was full and open competition. The government received 2 offers.

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