Raw gold

Ended Awarded

Contract number
2031JG21F30236
Awardee
Awarding agency
Obligated
$2,159,779

Award facts

Contract value 100% obligated
$2,159,778.52 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 is a federal contract award from the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold commodities, with a ceiling value of $2,159,778.52. The contract was awarded on December 15, 2020, with a completion date of December 18, 2020, and is a firm fixed-price delivery order contract. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the Mint's coin production programs, and this contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the Mint, which allows for flexible and rapid procurement of raw precious metals to support the Mint's ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating the company's competitive positioning in the market.

Quick answers

Who was awarded contract 2031JG21F30236?

2031JG21F30236 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 15, 2020.

How much is contract 2031JG21F30236 worth?

The government has obligated $2,159,779 on 2031JG21F30236.

Is contract 2031JG21F30236 an order under another contract?

Yes. 2031JG21F30236 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30236 competed?

The extent of competition for 2031JG21F30236 was full and open competition. The government received 4 offers.

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