Raw gold

Ended Awarded

Contract number
2031JG21F30247
Awardee
Awarding agency
Obligated
$6,210,452

Award facts

Contract value 100% obligated
$6,210,451.91 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, identified as TMHQ10C0044|2031JG21F30247, is for the delivery of raw gold to the United States Mint, a civilian agency. The contract is a Firm Fixed Price Delivery Order with a ceiling value of $6,210,451.91 and a performance period ending on January 15, 2021.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. This contract is part of a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the United States Mint, which provides a basic ordering agreement for raw silver and gold materials through December 31, 2040. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG21F30247?

2031JG21F30247 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 11, 2021.

How much is contract 2031JG21F30247 worth?

The government has obligated $6,210,452 on 2031JG21F30247.

Is contract 2031JG21F30247 an order under another contract?

Yes. 2031JG21F30247 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30247 competed?

The extent of competition for 2031JG21F30247 was full and open competition. The government received 4 offers.

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