Raw gold

Ended Awarded

Contract number
2031JG20F30141
Awardee
Awarding agency
Obligated
$5,522,201

Award facts

Contract value 100% obligated
$5,522,200.96 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, with ID TMHQ10C0044|2031JG20F30141, is for the delivery of raw gold to the United States Mint, a civilian agency of the U.S. government. The $5,522,200.96 firm fixed price contract was awarded on May 28, 2020, with a completion date of June 1, 2020. The prime contractor is Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts that specializes in providing raw precious metal commodities to the U.S. Mint. This contract is not a set-aside award. Coins 'N Things, Inc. also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint to provide raw silver and gold materials, awarded on June 8, 2021 with a performance period through December 31, 2040. The U.S. Mint's coin production and bullion programs rely on Coins 'N Things as a critical supplier of raw precious metals.

Quick answers

Who was awarded contract 2031JG20F30141?

2031JG20F30141 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 28, 2020.

How much is contract 2031JG20F30141 worth?

The government has obligated $5,522,201 on 2031JG20F30141.

Is contract 2031JG20F30141 an order under another contract?

Yes. 2031JG20F30141 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30141 competed?

The extent of competition for 2031JG20F30141 was full and open competition. The government received 3 offers.

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