Raw gold

Ended Awarded

Contract number
2031JG20F30172
Awardee
Awarding agency
Obligated
$5,260,856

Award facts

Contract value 100% obligated
$5,260,855.86 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 was issued by the United States Mint, a civilian government agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $5,260,855.86, is a delivery order to provide raw gold materials to the Mint. This order has a firm fixed price pricing type and a completion date of August 24, 2020. The contract was not set aside for any specific business type. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole provider of raw precious metals for the agency's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company also holds a $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement to provide raw silver and gold materials on an as-needed basis through 2040.

Quick answers

Who was awarded contract 2031JG20F30172?

2031JG20F30172 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 17, 2020.

How much is contract 2031JG20F30172 worth?

The government has obligated $5,260,856 on 2031JG20F30172.

Is contract 2031JG20F30172 an order under another contract?

Yes. 2031JG20F30172 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30172 competed?

The extent of competition for 2031JG20F30172 was full and open competition. The government received 4 offers.

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