Raw gold

Ended Awarded Last action

Contract number
2031JG19F30048
Awardee
Awarding agency
Obligated
$3,938,821

Award facts

Contract value 100% obligated
$3,938,820.89 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
Other Administrative Action P00001 $0
Original award $3,938,821

About this award

This federal contract award, with ID TMHQ10C0044|2031JG19F30048, 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 is for the delivery of raw gold, with a ceiling value of $3,938,820.89. It is a firm fixed price delivery order contract with an ultimate completion date of October 30, 2018. The contract was awarded on October 22, 2018 and did not utilize a set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, awarded on June 8, 2021, which enables the Mint to procure raw precious metals on an as-needed basis to support its ongoing coin manufacturing operations.

Quick answers

Who was awarded contract 2031JG19F30048?

2031JG19F30048 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 22, 2018.

How much is contract 2031JG19F30048 worth?

The government has obligated $3,938,821 on 2031JG19F30048.

Is contract 2031JG19F30048 an order under another contract?

Yes. 2031JG19F30048 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG19F30048 competed?

The extent of competition for 2031JG19F30048 was full and open competition. The government received 2 offers.

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