Raw gold

Ended Awarded

Contract number
2031JG20F30161
Awardee
Awarding agency
Obligated
$4,996,299

Award facts

Contract value 100% obligated
$4,996,299.31 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 · 4 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 was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, that specializes in providing raw precious metal commodities to the Mint.

The contract, valued at $4,996,299.31, is a delivery order contract with a firm fixed price pricing type and an ultimate completion date of July 24, 2020. Coins 'N Things, Inc. holds a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials on an as-needed basis. This contract positions Coins 'N Things as an essential partner in the U.S. government's coin manufacturing supply chain. The current award does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG20F30161?

2031JG20F30161 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 22, 2020.

How much is contract 2031JG20F30161 worth?

The government has obligated $4,996,299 on 2031JG20F30161.

Is contract 2031JG20F30161 an order under another contract?

Yes. 2031JG20F30161 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30161 competed?

The extent of competition for 2031JG20F30161 was full and open competition. The government received 4 offers.

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