Raw gold

Ended Awarded

Contract number
2031JG19F30060
Awardee
Awarding agency
Obligated
$3,094,296

Award facts

Contract value 100% obligated
$3,094,296.34 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 · 1 offer 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, with ID TMHQ10C0044|2031JG19F30060, was issued by the United States Mint (a civilian agency) to the prime contractor Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $3,094,296.34, is a delivery order for the procurement of raw gold, with a firm fixed price and an ultimate completion date of February 8, 2019. The contract was awarded on January 31, 2019 without any set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production, serving as the sole provider of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, which serves as a basic ordering agreement for the procurement of raw silver and gold materials to support the Mint's ongoing coin and bullion programs.

Quick answers

Who was awarded contract 2031JG19F30060?

2031JG19F30060 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 31, 2019.

How much is contract 2031JG19F30060 worth?

The government has obligated $3,094,296 on 2031JG19F30060.

Is contract 2031JG19F30060 an order under another contract?

Yes. 2031JG19F30060 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG19F30060 competed?

The extent of competition for 2031JG19F30060 was full and open competition. The government received 1 offer.

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