Raw gold

Ended Awarded

Contract number
2031JG21F30294
Awardee
Awarding agency
Obligated
$5,944,877

Award facts

Contract value 100% obligated
$5,944,876.74 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 (RAW GOLD) with a ceiling value of $5,944,876.74. The contract was awarded on February 22, 2021 with a completion date of February 25, 2021, indicating a short-term delivery order contract.

Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint to provide raw silver and gold materials for the agency's coin production and bullion programs. This contract serves as a basic ordering agreement that allows the Mint to rapidly procure critical raw precious metals on an as-needed basis through firm fixed price delivery orders. As the sole supplier of bullion coins to the U.S. government, Coins 'N Things plays a vital role in the nation's coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG21F30294?

2031JG21F30294 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 22, 2021.

How much is contract 2031JG21F30294 worth?

The government has obligated $5,944,877 on 2031JG21F30294.

Is contract 2031JG21F30294 an order under another contract?

Yes. 2031JG21F30294 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30294 competed?

The extent of competition for 2031JG21F30294 was full and open competition. The government received 4 offers.

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