Raw gold

Ended Awarded

Contract number
2031JG21F30298
Awardee
Awarding agency
Obligated
$5,750,334

Award facts

Contract value 100% obligated
$5,750,334.42 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 delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $5,750,334.42, is for the procurement of raw gold to support the Mint's coin production programs. The contract has a period of performance from February 22, 2021 to February 25, 2021 and does not have a set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement to provide raw silver and gold materials on an as-needed basis to support the agency's ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG21F30298?

2031JG21F30298 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 22, 2021.

How much is contract 2031JG21F30298 worth?

The government has obligated $5,750,334 on 2031JG21F30298.

Is contract 2031JG21F30298 an order under another contract?

Yes. 2031JG21F30298 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30298 competed?

The extent of competition for 2031JG21F30298 was full and open competition. The government received 4 offers.

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