Raw gold

Ended Awarded

Contract number
2031JG20F30165
Awardee
Awarding agency
Obligated
$5,109,318

Award facts

Contract value 100% obligated
$5,109,318.25 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, with an ID of TMHQ10C0044|2031JG20F30165, was issued by the United States Mint (a civilian agency) 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 $5,109,318.25 and a performance period that ultimately concluded on August 12, 2020. This contract was awarded as a Firm Fixed Price Delivery Order, with no set-aside designation used.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole provider of these raw precious metal commodities for the agency's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. In addition to this contract, the company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which provides a basic ordering agreement for the ongoing procurement of raw silver and gold materials to support the Mint's coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG20F30165?

2031JG20F30165 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 3, 2020.

How much is contract 2031JG20F30165 worth?

The government has obligated $5,109,318 on 2031JG20F30165.

Is contract 2031JG20F30165 an order under another contract?

Yes. 2031JG20F30165 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30165 competed?

The extent of competition for 2031JG20F30165 was full and open competition. The government received 4 offers.

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