Raw gold

Ended Awarded

Contract number
2031JG21F30222
Awardee
Awarding agency
Obligated
$6,271,784

Award facts

Contract value 100% obligated
$6,271,784.48 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 is a firm fixed price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $6,271,784.48, is for the procurement of raw gold. It does not have a set-aside designation. Coins 'N Things, Inc. specializes in providing raw precious metal commodities, including gold and silver bullion, to support the United States Mint's coin production programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement for the supply of raw silver and gold materials on an as-needed basis. Through these contracts, Coins 'N Things, Inc. has established itself as an essential partner in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG21F30222?

2031JG21F30222 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 23, 2020.

How much is contract 2031JG21F30222 worth?

The government has obligated $6,271,784 on 2031JG21F30222.

Is contract 2031JG21F30222 an order under another contract?

Yes. 2031JG21F30222 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30222 competed?

The extent of competition for 2031JG21F30222 was full and open competition. The government received 3 offers.

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