Raw gold

Ended Awarded

Contract number
2031JG20F30102
Awardee
Awarding agency
Obligated
$7,384,449

Award facts

Contract value 100% obligated
$7,384,449.05 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 · 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

This is a federal contract award made 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 $7,384,449.05, is a firm fixed price delivery order for the procurement of raw gold. The contract does not have a set-aside designation. Coins 'N Things, Inc. 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 support the agency's ongoing coin production and bullion programs. This delivery order contract is part of the larger IDIQ vehicle, allowing the Mint to rapidly procure critical raw precious metals from Coins 'N Things, Inc. as needed.

Quick answers

Who was awarded contract 2031JG20F30102?

2031JG20F30102 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 30, 2020.

How much is contract 2031JG20F30102 worth?

The government has obligated $7,384,449 on 2031JG20F30102.

Is contract 2031JG20F30102 an order under another contract?

Yes. 2031JG20F30102 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30102 competed?

The extent of competition for 2031JG20F30102 was full and open competition. The government received 2 offers.

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