Raw gold

Ended Awarded Last action

Contract number
2031JG18F30042
Awardee
Awarding agency
Obligated
$5,556,655

Award facts

Contract value 100% obligated
$5,556,655.01 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 P00003 · Daily gold allocation - complete $171,955
Other Administrative Action P00002 · Modification to change allocated quantities due to revised bar list issued by vendor. $0
Other Administrative Action P00001 · TM-HQ-10-c-0044 order #2031JG18F30042 P00001 provisional london gold fix of: 09/10/2018 $1,196.60 purchase premium : $0.00 purchase quantity: 670.913 $802,815
Original award $4,581,886

About this award

This federal contract award was issued 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 $5,556,655.01, is a delivery order contract type with a firm fixed price pricing structure. It is for the procurement of raw gold materials to support the Mint's coin production programs. The contract does not have a set-aside designation.

Coins 'N Things, Inc. also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to the agency on an as-needed basis through firm fixed price delivery orders. This IDIQ contract, awarded on June 8, 2021, positions Coins 'N Things as a critical partner in the United States' coin manufacturing supply chain, enabling the Mint to rapidly procure essential raw materials to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG18F30042?

2031JG18F30042 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 27, 2018.

How much is contract 2031JG18F30042 worth?

The government has obligated $5,556,655 on 2031JG18F30042.

Is contract 2031JG18F30042 an order under another contract?

Yes. 2031JG18F30042 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG18F30042 competed?

The extent of competition for 2031JG18F30042 was full and open competition. The government received 2 offers.

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