Raw gold

Ended Awarded

Contract number
2031JG20F30134
Awardee
Awarding agency
Obligated
$5,683,506

Award facts

Contract value 100% obligated
$5,683,506.31 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 · 3 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 the delivery of raw gold to the United States Mint, a civilian agency of the U.S. government. The contract, valued at $5,683,506.31, was awarded on May 12, 2020 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has a firm fixed price pricing type and an ultimate completion date of May 19, 2020.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint to provide raw silver and gold materials, under which it receives delivery orders ranging from $4 million to $15.8 million. This contract award, which does not have a set-aside designation, is an example of the firm's ongoing role in supporting the U.S. Mint's coin manufacturing programs.

Quick answers

Who was awarded contract 2031JG20F30134?

2031JG20F30134 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 12, 2020.

How much is contract 2031JG20F30134 worth?

The government has obligated $5,683,506 on 2031JG20F30134.

Is contract 2031JG20F30134 an order under another contract?

Yes. 2031JG20F30134 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30134 competed?

The extent of competition for 2031JG20F30134 was full and open competition. The government received 3 offers.

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