Raw gold

Ended Awarded

Contract number
2031JG21F30214
Awardee
Awarding agency
Obligated
$5,318,906

Award facts

Contract value 100% obligated
$5,318,906.24 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, with ID TMHQ10C0044|2031JG21F30214, was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold bullion, with a ceiling value of $5,318,906.24 and a completion date of November 12, 2020. The contract type is a Delivery Order with a Firm Fixed Price pricing arrangement. This award is not associated with a set-aside designation.

Coins 'N Things, Inc. is the prime contractor and holds a $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 to support the agency's ongoing coin production and bullion programs. The company has established itself as the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services.

Quick answers

Who was awarded contract 2031JG21F30214?

2031JG21F30214 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 9, 2020.

How much is contract 2031JG21F30214 worth?

The government has obligated $5,318,906 on 2031JG21F30214.

Is contract 2031JG21F30214 an order under another contract?

Yes. 2031JG21F30214 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30214 competed?

The extent of competition for 2031JG21F30214 was full and open competition. The government received 4 offers.

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