Raw gold

Ended Awarded

Contract number
2031JG20F30184
Awardee
Awarding agency
Obligated
$6,184,678

Award facts

Contract value 100% obligated
$6,184,677.63 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of raw gold commodities to the United States Mint. The contract has a ceiling value of $6,184,677.63 and is a firm fixed price delivery order awarded on August 17, 2020, with a completion date of August 24, 2020.

Coins 'N Things, Inc. holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to support the agency's ongoing coin production and bullion programs. The company is a critical supplier of gold and silver bullion for the Mint's coin manufacturing operations, and has established itself as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG20F30184?

2031JG20F30184 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 17, 2020.

How much is contract 2031JG20F30184 worth?

The government has obligated $6,184,678 on 2031JG20F30184.

Is contract 2031JG20F30184 an order under another contract?

Yes. 2031JG20F30184 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30184 competed?

The extent of competition for 2031JG20F30184 was full and open competition. The government received 4 offers.

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