Raw gold

Ended Awarded Last action

Contract number
2031JG21F30308
Awardee
Awarding agency
Obligated
$5,791,922

Award facts

Contract value 100% obligated
$5,791,921.93 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Bridgewater, MA 02324, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00001 $2,203,237
Original award $3,588,685

About this award

This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation. The contract, valued at $5,791,921.93, is for the delivery of raw gold to the Mint's facility in Bridgewater, Massachusetts. The contract has an ultimate completion date of March 5, 2021 and was awarded on February 24, 2021.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government and has a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint to provide raw silver and gold materials. This delivery order contract is part of that larger IDIQ vehicle, which allows the Mint to rapidly procure critical raw materials to support its ongoing coin production and bullion programs. Coins 'N Things, Inc. has consistently provided raw gold and silver bullion to the United States Mint through numerous delivery order contracts, playing a crucial role in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG21F30308?

2031JG21F30308 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 24, 2021.

How much is contract 2031JG21F30308 worth?

The government has obligated $5,791,922 on 2031JG21F30308.

Is contract 2031JG21F30308 an order under another contract?

Yes. 2031JG21F30308 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30308 competed?

The extent of competition for 2031JG21F30308 was full and open competition. The government received 3 offers.

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