Raw gold

Ended Awarded

Contract number
2031JG20F30129
Awardee
Awarding agency
Obligated
$4,619,244

Award facts

Contract value 100% obligated
$4,619,244.29 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 firm fixed-price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold commodities to support the Mint's coin production programs. The contract has a ceiling value of $4,619,244.29 and an ultimate completion date of April 28, 2020.

Coins 'N Things, Inc. is the prime contractor and sole supplier of raw gold and silver bullion to the United States Mint. The company holds a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement for the procurement of raw precious metals. Under this IDIQ contract, Coins 'N Things receives firm fixed-price delivery orders ranging from $4 million to $15.8 million to provide the Mint with the necessary raw materials to support its ongoing coin production and bullion programs. This contract award did not utilize a set-aside designation.

Quick answers

Who was awarded contract 2031JG20F30129?

2031JG20F30129 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 21, 2020.

How much is contract 2031JG20F30129 worth?

The government has obligated $4,619,244 on 2031JG20F30129.

Is contract 2031JG20F30129 an order under another contract?

Yes. 2031JG20F30129 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30129 competed?

The extent of competition for 2031JG20F30129 was full and open competition. The government received 2 offers.

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