Raw gold

Ended Awarded Last action

Contract number
2031JG21F30217
Awardee
Awarding agency
Obligated
$6,007,828

Award facts

Contract value 100% obligated
$6,007,827.66 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00001 $3,812,662
Original award $2,195,165

About this award

This federal contract award was made 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, valued at $6,007,827.66, is a firm fixed price delivery order for the procurement of raw gold. It does not have a set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole provider of these raw precious metal commodities for the agency's coin production programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which provides a basic ordering agreement for the delivery of raw silver and gold materials through December 31, 2040.

Quick answers

Who was awarded contract 2031JG21F30217?

2031JG21F30217 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 9, 2020.

How much is contract 2031JG21F30217 worth?

The government has obligated $6,007,828 on 2031JG21F30217.

Is contract 2031JG21F30217 an order under another contract?

Yes. 2031JG21F30217 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30217 competed?

The extent of competition for 2031JG21F30217 was full and open competition. The government received 4 offers.

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