Raw gold

Ended Awarded

Contract number
2031JG20F30110
Awardee
Awarding agency
Obligated
$7,291,357

Award facts

Contract value 100% obligated
$7,291,356.73 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
Supplemental Agreement for work within scope P00001 $4,848,235
Original award $2,443,122

About this award

This is a firm fixed price delivery order contract awarded 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 $7,291,356.73 and a completion date of April 8, 2020. The contract was awarded on April 2, 2020 and was not set aside for any specific type of business. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company 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.

Quick answers

Who was awarded contract 2031JG20F30110?

2031JG20F30110 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 2, 2020.

How much is contract 2031JG20F30110 worth?

The government has obligated $7,291,357 on 2031JG20F30110.

Is contract 2031JG20F30110 an order under another contract?

Yes. 2031JG20F30110 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30110 competed?

The extent of competition for 2031JG20F30110 was full and open competition. The government received 2 offers.

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