Raw gold

Ended Awarded

Contract number
2031JG20F30186
Awardee
Awarding agency
Obligated
$6,218,997

Award facts

Contract value 100% obligated
$6,218,997.17 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 is a firm-fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold, with a ceiling value of $6,218,997.17 and a performance period ending on September 1, 2020. The contract was awarded on August 21, 2020 and was not set aside for any specific business classification. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole provider of these raw materials for the agency's coin production programs. The company also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which allows for flexible, rapid procurement of raw precious metals to support the Mint's ongoing coin and bullion production.

Quick answers

Who was awarded contract 2031JG20F30186?

2031JG20F30186 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 21, 2020.

How much is contract 2031JG20F30186 worth?

The government has obligated $6,218,997 on 2031JG20F30186.

Is contract 2031JG20F30186 an order under another contract?

Yes. 2031JG20F30186 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30186 competed?

The extent of competition for 2031JG20F30186 was full and open competition. The government received 4 offers.

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