Raw gold

Ended Awarded

Contract number
2031JG21F30228
Awardee
Awarding agency
Obligated
$6,035,130

Award facts

Contract value 100% obligated
$6,035,130.05 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 $6,035,130.05, is for the delivery of raw gold bullion to the Mint's facility in Bridgewater. The contract has an ultimate completion date of December 8, 2020 and was awarded on December 2, 2020. Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the procurement of raw silver and gold materials, indicating the company's critical role as a supplier of precious metals for the Mint's coin production programs. This contract was awarded without a set-aside designation, suggesting Coins 'N Things, Inc. is a competitive vendor in this market.

Quick answers

Who was awarded contract 2031JG21F30228?

2031JG21F30228 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 2, 2020.

How much is contract 2031JG21F30228 worth?

The government has obligated $6,035,130 on 2031JG21F30228.

Is contract 2031JG21F30228 an order under another contract?

Yes. 2031JG21F30228 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30228 competed?

The extent of competition for 2031JG21F30228 was full and open competition. The government received 3 offers.

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