Raw gold

Ended Awarded

Contract number
2031JG20F30140
Awardee
Awarding agency
Obligated
$5,362,655

Award facts

Contract value 100% obligated
$5,362,655.46 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 is a federal contract award from the United States Mint (an agency of the U.S. Department of the Treasury) to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold (referred to as "RAW GOLD") to support the Mint's coin production programs. The contract has a ceiling value of $5,362,655.46 and is a firm fixed price delivery order contract with a performance period ending on May 26, 2020. There is no set-aside designation for this award.

Coins 'N Things, Inc. is a key supplier of precious metal commodities, such as gold and silver bullion, to the United States Mint. The company holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement to provide raw silver and gold materials on an as-needed basis to support the agency's ongoing coin production and bullion programs. This specific award is likely one of several delivery orders placed under the broader IDIQ contract.

Quick answers

Who was awarded contract 2031JG20F30140?

2031JG20F30140 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 21, 2020.

How much is contract 2031JG20F30140 worth?

The government has obligated $5,362,655 on 2031JG20F30140.

Is contract 2031JG20F30140 an order under another contract?

Yes. 2031JG20F30140 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30140 competed?

The extent of competition for 2031JG20F30140 was full and open competition. The government received 3 offers.

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