Raw gold

Ended Awarded

Contract number
2031JG20F30168
Awardee
Awarding agency
Obligated
$5,225,919

Award facts

Contract value 100% obligated
$5,225,919.40 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 procurement of raw gold by 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, which specializes in providing raw precious metal commodities to the Mint.

The contract, valued at $5,225,919.40, is a delivery order contract with a firm fixed price pricing type. It has an ultimate completion date of August 12, 2020. Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the provision of raw silver and gold materials, which serves as a basic ordering agreement. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders to support the Mint's 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 2031JG20F30168?

2031JG20F30168 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 3, 2020.

How much is contract 2031JG20F30168 worth?

The government has obligated $5,225,919 on 2031JG20F30168.

Is contract 2031JG20F30168 an order under another contract?

Yes. 2031JG20F30168 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30168 competed?

The extent of competition for 2031JG20F30168 was full and open competition. The government received 4 offers.

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