Raw gold

Ended Awarded

Contract number
2031JG21F30216
Awardee
Awarding agency
Obligated
$5,303,716

Award facts

Contract value 100% obligated
$5,303,715.65 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|2031JG21F30216, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $5,303,715.65 firm fixed price delivery order contract is for the procurement of raw gold to support the Mint's coin production programs. The contract has an ultimate completion date of November 12, 2020 and was awarded on November 9, 2020 without any set-aside designation.

Coins 'N Things, Inc. 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 Mint'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 2031JG21F30216?

2031JG21F30216 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 9, 2020.

How much is contract 2031JG21F30216 worth?

The government has obligated $5,303,716 on 2031JG21F30216.

Is contract 2031JG21F30216 an order under another contract?

Yes. 2031JG21F30216 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30216 competed?

The extent of competition for 2031JG21F30216 was full and open competition. The government received 4 offers.

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