Raw gold

Ended Awarded

Contract number
2031JG20F30104
Awardee
Awarding agency
Obligated
$7,105,573

Award facts

Contract value 100% obligated
$7,105,573.02 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, awarded by the United States Mint, is for the delivery of raw gold bullion. The contract has a ceiling value of $7,105,573.02 and is a firm fixed price delivery order contract with an ultimate completion date of April 8, 2020. This contract is not associated with a set-aside designation, indicating Coins 'N Things, Inc. has a competitive positioning in providing raw precious metals to the United States Mint. Additionally, 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.

Quick answers

Who was awarded contract 2031JG20F30104?

2031JG20F30104 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 30, 2020.

How much is contract 2031JG20F30104 worth?

The government has obligated $7,105,573 on 2031JG20F30104.

Is contract 2031JG20F30104 an order under another contract?

Yes. 2031JG20F30104 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30104 competed?

The extent of competition for 2031JG20F30104 was full and open competition. The government received 2 offers.

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