Raw gold

Ended Awarded

Contract number
2031JG21F30297
Awardee
Awarding agency
Obligated
$5,899,344

Award facts

Contract value 100% obligated
$5,899,343.61 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

Written by GovTribe AI ·

This federal contract award is for the procurement of raw gold by the United States Mint, a civilian agency of the U.S. government. The contract, valued at $5,899,343.61, was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order with a firm fixed price and an ultimate completion date of February 25, 2021. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the Mint's coin production programs, serving as the sole supplier of bullion coins to the U.S. government. The company also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which allows for flexible, rapid procurement of raw precious metals to support the agency's ongoing coin production and bullion programs. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG21F30297?

2031JG21F30297 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 22, 2021.

How much is contract 2031JG21F30297 worth?

The government has obligated $5,899,344 on 2031JG21F30297.

Is contract 2031JG21F30297 an order under another contract?

Yes. 2031JG21F30297 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30297 competed?

The extent of competition for 2031JG21F30297 was full and open competition. The government received 4 offers.

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