Raw gold

Ended Awarded

Contract number
2031JG20F30185
Awardee
Awarding agency
Obligated
$6,217,397

Award facts

Contract value 100% obligated
$6,217,396.93 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 contract, awarded by the United States Mint (a civilian agency), provides for the delivery of raw gold bullion to support the agency's coin production programs. The award was made to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has a total ceiling value of $6,217,396.93 and is a firm fixed price delivery order contract with a completion date of September 1, 2020. Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the procurement of raw silver and gold materials. This IDIQ contract, awarded on June 8, 2021, serves as a basic ordering agreement to enable the Mint to rapidly acquire critical raw precious metals to support its ongoing coin production and bullion programs. The contract award did not utilize a set-aside designation.

Quick answers

Who was awarded contract 2031JG20F30185?

2031JG20F30185 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 21, 2020.

How much is contract 2031JG20F30185 worth?

The government has obligated $6,217,397 on 2031JG20F30185.

Is contract 2031JG20F30185 an order under another contract?

Yes. 2031JG20F30185 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30185 competed?

The extent of competition for 2031JG20F30185 was full and open competition. The government received 4 offers.

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