Raw gold

Ended Awarded

Contract number
2031JG20F30192
Awardee
Awarding agency
Obligated
$2,220,557

Award facts

Contract value 100% obligated
$2,220,556.51 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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, TMHQ10C0044|2031JG20F30192, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $2,220,556.51, is a delivery order contract for the provision of raw gold to the United States Mint. It is a firm fixed price contract with no set-aside designation, indicating Coins 'N Things, Inc. is a competitive vendor for this requirement.

Coins 'N Things, Inc. also holds a $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint to provide raw silver and gold materials to support the agency's ongoing coin production and bullion programs. Under this IDIQ contract, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million, enabling the Mint to procure critical raw precious metals on an as-needed basis. This positioning as a sole supplier of raw bullion to the United States Mint makes Coins 'N Things, Inc. an essential partner in the country's coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG20F30192?

2031JG20F30192 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 3, 2020.

How much is contract 2031JG20F30192 worth?

The government has obligated $2,220,557 on 2031JG20F30192.

Is contract 2031JG20F30192 an order under another contract?

Yes. 2031JG20F30192 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30192 competed?

The extent of competition for 2031JG20F30192 was full and open competition. The government received 4 offers.

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