Raw gold

Ended Awarded

Contract number
2031JG20F30163
Awardee
Awarding agency
Obligated
$5,106,499

Award facts

Contract value 100% obligated
$5,106,499.04 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the provision of raw gold to the United States Mint. The contract, valued at $5,106,499.04, is a firm fixed price delivery order that has an ultimate completion date of August 12, 2020. Coins 'N Things, Inc. holds a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which provides a basic ordering agreement for the company to supply raw silver and gold materials to the agency. This contract, awarded on June 8, 2021, has an extended performance period through December 31, 2040, and allows the Mint to procure critical raw materials to support its ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG20F30163?

2031JG20F30163 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 3, 2020.

How much is contract 2031JG20F30163 worth?

The government has obligated $5,106,499 on 2031JG20F30163.

Is contract 2031JG20F30163 an order under another contract?

Yes. 2031JG20F30163 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30163 competed?

The extent of competition for 2031JG20F30163 was full and open competition. The government received 4 offers.

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