Raw gold

Ended Awarded

Contract number
2031JG20F30199
Awardee
Awarding agency
Obligated
$5,480,201

Award facts

Contract value 100% obligated
$5,480,201.31 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 firm fixed-price delivery order contract was awarded by the United States Mint, a civilian federal agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $5,480,201.31, is for the delivery of raw gold bullion to support the Mint's coin production programs. The contract does not have a set-aside designation.

Coins 'N Things, Inc. holds a larger $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 on an as-needed basis through firm fixed-price delivery orders. This IDIQ contract was awarded on June 8, 2021 and has a performance period through December 31, 2040, positioning Coins 'N Things as a critical supplier in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG20F30199?

2031JG20F30199 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 21, 2020.

How much is contract 2031JG20F30199 worth?

The government has obligated $5,480,201 on 2031JG20F30199.

Is contract 2031JG20F30199 an order under another contract?

Yes. 2031JG20F30199 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30199 competed?

The extent of competition for 2031JG20F30199 was full and open competition. The government received 4 offers.

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