Raw gold

Ended Awarded

Contract number
2031JG21F30243
Awardee
Awarding agency
Obligated
$5,161,161

Award facts

Contract value 100% obligated
$5,161,161.16 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

The U.S. Mint awarded a $5,161,161.16 firm fixed price delivery order contract to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold bullion to support the Mint's coin production programs. This order was placed under a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the Mint and Coins 'N Things, which serves as a basic ordering agreement for the supply of raw silver and gold materials. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government. The company has a long history of providing critical raw precious metals to the Mint, playing a key role in the U.S. coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG21F30243?

2031JG21F30243 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 17, 2020.

How much is contract 2031JG21F30243 worth?

The government has obligated $5,161,161 on 2031JG21F30243.

Is contract 2031JG21F30243 an order under another contract?

Yes. 2031JG21F30243 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30243 competed?

The extent of competition for 2031JG21F30243 was full and open competition. The government received 4 offers.

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