Raw gold

Ended Awarded

Contract number
2031JG21F30325
Awardee
Awarding agency
Obligated
$4,987,172

Award facts

Contract value 100% obligated
$4,987,171.50 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 · 3 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 federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of raw gold to the United States Mint. The contract has a ceiling value of $4,987,171.50 and was awarded on March 31, 2021, with an ultimate completion date of April 5, 2021. The contract is a Delivery Order with a Firm Fixed Price pricing type and was awarded without a set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, awarded on June 8, 2021, to provide raw silver and gold materials on an as-needed basis through 2040.

Quick answers

Who was awarded contract 2031JG21F30325?

2031JG21F30325 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 31, 2021.

How much is contract 2031JG21F30325 worth?

The government has obligated $4,987,172 on 2031JG21F30325.

Is contract 2031JG21F30325 an order under another contract?

Yes. 2031JG21F30325 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30325 competed?

The extent of competition for 2031JG21F30325 was full and open competition. The government received 3 offers.

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