Raw gold

Ended Awarded

Contract number
2031JG20F30153
Awardee
Awarding agency
Obligated
$4,817,550

Award facts

Contract value 100% obligated
$4,817,550.48 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 · 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, TMHQ10C0044|2031JG20F30153, was made 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, with a ceiling value of $4,817,550.48. It is a firm fixed price delivery order contract, with an ultimate completion date of July 1, 2020.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, providing a basic ordering agreement to supply raw silver and gold materials through December 31, 2040. This contract allows the Mint to procure raw precious metals on an as-needed basis to support its ongoing coin manufacturing operations.

Quick answers

Who was awarded contract 2031JG20F30153?

2031JG20F30153 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 25, 2020.

How much is contract 2031JG20F30153 worth?

The government has obligated $4,817,550 on 2031JG20F30153.

Is contract 2031JG20F30153 an order under another contract?

Yes. 2031JG20F30153 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30153 competed?

The extent of competition for 2031JG20F30153 was full and open competition. The government received 3 offers.

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