Raw gold

Ended Awarded

Contract number
2031JG21F30235
Awardee
Awarding agency
Obligated
$5,039,343

Award facts

Contract value 100% obligated
$5,039,343.19 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 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 $5,039,343.19 delivery order contract is for the provision of raw gold, with a firm fixed price and an ultimate completion date of December 18, 2020. The contract was awarded on December 15, 2020 and did not utilize any set-aside designation.

Coins 'N Things, Inc. 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. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to support the agency's ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG21F30235?

2031JG21F30235 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 15, 2020.

How much is contract 2031JG21F30235 worth?

The government has obligated $5,039,343 on 2031JG21F30235.

Is contract 2031JG21F30235 an order under another contract?

Yes. 2031JG21F30235 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30235 competed?

The extent of competition for 2031JG21F30235 was full and open competition. The government received 4 offers.

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