Raw gold

Ended Awarded

Contract number
2031JG21F30224
Awardee
Awarding agency
Obligated
$6,012,727

Award facts

Contract value 100% obligated
$6,012,726.75 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 is for the procurement of raw gold by the United States Mint, a civilian agency. The prime contractor, Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, was awarded the contract without a set-aside designation. The contract is a delivery order with a firm fixed price of $6,012,726.75 and an ultimate completion date of November 27, 2020.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company 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.

Quick answers

Who was awarded contract 2031JG21F30224?

2031JG21F30224 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 23, 2020.

How much is contract 2031JG21F30224 worth?

The government has obligated $6,012,727 on 2031JG21F30224.

Is contract 2031JG21F30224 an order under another contract?

Yes. 2031JG21F30224 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30224 competed?

The extent of competition for 2031JG21F30224 was full and open competition. The government received 4 offers.

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