Raw gold

Ended Awarded

Contract number
2031JG20F30124
Awardee
Awarding agency
Obligated
$4,604,578

Award facts

Contract value 100% obligated
$4,604,577.78 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, to provide raw gold to the United States Mint. The contract has a ceiling value of $4,604,577.78 and is a delivery order contract with a firm fixed price pricing type. The contract was awarded on April 14, 2020, with a completion date of April 24, 2020. This contract does not have a set-aside designation.

Coins 'N Things, Inc. also holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, awarded on June 8, 2021, to provide raw silver and gold materials to support the Mint's ongoing coin production and bullion programs. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million, enabling the Mint to procure critical raw materials on an as-needed basis.

Quick answers

Who was awarded contract 2031JG20F30124?

2031JG20F30124 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 14, 2020.

How much is contract 2031JG20F30124 worth?

The government has obligated $4,604,578 on 2031JG20F30124.

Is contract 2031JG20F30124 an order under another contract?

Yes. 2031JG20F30124 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30124 competed?

The extent of competition for 2031JG20F30124 was full and open competition. The government received 2 offers.

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