Raw gold

Ended Awarded

Contract number
2031JG20F30120
Awardee
Awarding agency
Obligated
$6,334,437

Award facts

Contract value 100% obligated
$6,334,437.23 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 $6,334,437.23, is a Firm Fixed Price Delivery Order with an ultimate completion date of April 20, 2020. The contract is for the procurement of raw gold bullion to support the Mint's coin production programs. This award is part of a larger $10 billion Indefinite Delivery, Indefinite Quantity (IDIQ) contract between the Mint and Coins 'N Things that was awarded on June 8, 2021, with a performance period through December 31, 2040. The IDIQ contract serves as a basic ordering agreement for the Mint to procure raw silver and gold materials as needed. No set-aside designation was used for this award.

Quick answers

Who was awarded contract 2031JG20F30120?

2031JG20F30120 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 14, 2020.

How much is contract 2031JG20F30120 worth?

The government has obligated $6,334,437 on 2031JG20F30120.

Is contract 2031JG20F30120 an order under another contract?

Yes. 2031JG20F30120 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30120 competed?

The extent of competition for 2031JG20F30120 was full and open competition. The government received 2 offers.

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