Raw gold

Ended Awarded

Contract number
2031JG21F30211
Awardee
Awarding agency
Obligated
$5,360,271

Award facts

Contract value 100% obligated
$5,360,270.52 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 federal contract award to Coins 'N Things, Inc. is for the delivery of raw gold to the United States Mint. The $5,360,270.52 firm fixed price delivery order contract was awarded on October 21, 2020, with an ultimate completion date of October 28, 2020. The contract is not designated as a set-aside.

Coins 'N Things, Inc. is a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts that specializes in providing raw precious metal commodities to the United States Mint. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the 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 contract award appears to be one such delivery order issued under the IDIQ vehicle, enabling the Mint to procure critical raw materials to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG21F30211?

2031JG21F30211 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 21, 2020.

How much is contract 2031JG21F30211 worth?

The government has obligated $5,360,271 on 2031JG21F30211.

Is contract 2031JG21F30211 an order under another contract?

Yes. 2031JG21F30211 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30211 competed?

The extent of competition for 2031JG21F30211 was full and open competition. The government received 3 offers.

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