Raw gold

Ended Awarded

Contract number
2031JG20F30201
Awardee
Awarding agency
Obligated
$9,857,762

Award facts

Contract value 100% obligated
$9,857,761.50 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 is for the procurement of raw gold by the United States Mint, a civilian agency of the U.S. government. The contract, valued at $9,857,761.50, was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order, with a firm fixed price pricing type, and has an ultimate completion date of September 30, 2020. Coins 'N Things, Inc. is the sole supplier of raw gold and silver bullion to the United States Mint, and holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the agency to provide these critical raw materials on an as-needed basis to support the Mint's coin production and bullion programs. This contract award did not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG20F30201?

2031JG20F30201 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 23, 2020.

How much is contract 2031JG20F30201 worth?

The government has obligated $9,857,762 on 2031JG20F30201.

Is contract 2031JG20F30201 an order under another contract?

Yes. 2031JG20F30201 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG20F30201 competed?

The extent of competition for 2031JG20F30201 was full and open competition. The government received 4 offers.

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