Raw gold

Ended Awarded

Contract number
2031JG20F30187
Awardee
Awarding agency
Obligated
$6,230,519

Award facts

Contract value 100% obligated
$6,230,518.87 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 · 3 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the procurement of raw gold bullion with a ceiling value of $6,230,518.87 and a period of performance through September 1, 2020.

Coins 'N Things, Inc. is the sole supplier of raw precious metal commodities, including gold and silver, to the United States Mint. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint that serves as a basic ordering agreement for the provision of these critical raw materials to support the agency's coin production and bullion programs. This particular delivery order contract is not designated as a set-aside.

Quick answers

Who was awarded contract 2031JG20F30187?

2031JG20F30187 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 21, 2020.

How much is contract 2031JG20F30187 worth?

The government has obligated $6,230,519 on 2031JG20F30187.

Is contract 2031JG20F30187 an order under another contract?

Yes. 2031JG20F30187 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30187 competed?

The extent of competition for 2031JG20F30187 was full and open competition. The government received 3 offers.

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