Raw gold

Ended Awarded

Contract number
2031JG20F30182
Awardee
Awarding agency
Obligated
$6,551,366

Award facts

Contract value 100% obligated
$6,551,366.18 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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, valued at $6,551,366.18, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a Delivery Order for the supply of raw gold, with a Firm Fixed Price pricing type and an ultimate completion date of August 24, 2020.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion, multiple-award Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract with the Mint, which allows for the flexible and rapid procurement of raw precious metals to support the Mint's ongoing coin production and bullion programs. This particular award does not have a set-aside designation, indicating the company's competitive positioning in the market.

Quick answers

Who was awarded contract 2031JG20F30182?

2031JG20F30182 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 17, 2020.

How much is contract 2031JG20F30182 worth?

The government has obligated $6,551,366 on 2031JG20F30182.

Is contract 2031JG20F30182 an order under another contract?

Yes. 2031JG20F30182 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30182 competed?

The extent of competition for 2031JG20F30182 was full and open competition. The government received 4 offers.

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