Raw gold

Ended Awarded

Contract number
2031JG18F30032
Awardee
Awarding agency
Obligated
$9,579,882

Award facts

Contract value 100% obligated
$9,579,882.16 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's 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 contract has a potential value of $9,579,882.16 and a performance period through July 24, 2018. CNT, a for-profit Subchapter S Corporation, is the prime contractor and sole supplier of the raw precious metal commodities, which are utilized by the Mint in the production of circulating and commemorative coins. This award is part of a larger indefinite-delivery/indefinite-quantity contract with a $10 billion ceiling and ordering period through 2040, under which the Mint has issued CNT multiple delivery orders for raw silver bullion. The urgent, short-term delivery timelines and high dollar values indicate the criticality of the raw precious metal supplies to supporting the Mint's bullion coin production requirements. No set-aside was used for this award.

Quick answers

Who was awarded contract 2031JG18F30032?

2031JG18F30032 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 19, 2018.

How much is contract 2031JG18F30032 worth?

The government has obligated $9,579,882 on 2031JG18F30032.

Is contract 2031JG18F30032 an order under another contract?

Yes. 2031JG18F30032 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30032 competed?

The extent of competition for 2031JG18F30032 was full and open competition. The government received 2 offers.

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