Raw gold

Ended Awarded

Contract number
2031JG21F30237
Awardee
Awarding agency
Obligated
$4,935,868

Award facts

Contract value 100% obligated
$4,935,867.93 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $4,935,867.93, is a delivery order issued by the United States Mint (an agency of the Department of the Treasury) for the procurement of raw gold. The contract has an ultimate completion date of December 18, 2020 and was awarded on December 15, 2020 using a firm fixed price pricing type.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. 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 to the agency on an as-needed basis. This contract, awarded on June 8, 2021, has an extended performance period through December 31, 2040. The current delivery order is not designated as a set-aside contract.

Quick answers

Who was awarded contract 2031JG21F30237?

2031JG21F30237 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 15, 2020.

How much is contract 2031JG21F30237 worth?

The government has obligated $4,935,868 on 2031JG21F30237.

Is contract 2031JG21F30237 an order under another contract?

Yes. 2031JG21F30237 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30237 competed?

The extent of competition for 2031JG21F30237 was full and open competition. The government received 4 offers.

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