Raw gold

Ended Awarded

Contract number
2031JG20F30118
Awardee
Awarding agency
Obligated
$8,041,335

Award facts

Contract value 100% obligated
$8,041,334.56 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 is for raw gold materials, awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $8,041,334.56 firm fixed price delivery order contract has an ultimate completion date of April 13, 2020 and was issued by the United States Mint, a civilian agency of the U.S. government.

Coins 'N Things, Inc. is a key supplier of gold and silver bullion to the United States Mint, serving as the sole provider of bullion coins to the government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint through December 31, 2040, which enables the Mint to procure raw precious metals on an as-needed basis. This contract award was not set aside and was a direct prime award from the United States Mint.

Quick answers

Who was awarded contract 2031JG20F30118?

2031JG20F30118 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 8, 2020.

How much is contract 2031JG20F30118 worth?

The government has obligated $8,041,335 on 2031JG20F30118.

Is contract 2031JG20F30118 an order under another contract?

Yes. 2031JG20F30118 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30118 competed?

The extent of competition for 2031JG20F30118 was full and open competition. The government received 2 offers.

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