Raw gold

Ended Awarded

Contract number
2031JG20F30111
Awardee
Awarding agency
Obligated
$7,389,249

Award facts

Contract value 100% obligated
$7,389,248.72 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 federal contract award was 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 $7,389,248.72, is a delivery order contract for the provision of raw gold. The contract does not have a set-aside designation.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, providing critical raw precious metal commodities such as gold and silver to support the Mint's coin production programs. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to the company in June 2021, which serves as a basic ordering agreement for the Mint to procure raw silver and gold materials on an as-needed basis to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG20F30111?

2031JG20F30111 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 2, 2020.

How much is contract 2031JG20F30111 worth?

The government has obligated $7,389,249 on 2031JG20F30111.

Is contract 2031JG20F30111 an order under another contract?

Yes. 2031JG20F30111 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30111 competed?

The extent of competition for 2031JG20F30111 was full and open competition. The government received 2 offers.

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