Raw gold

Ended Awarded Last action

Contract number
2031JG21F30327
Awardee
Awarding agency
Obligated
$3,599,991

Award facts

Contract value 100% obligated
$3,599,990.92 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
Funding Only Action P00001 $2,879,993
Original award $719,998

About this award

This is a 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 is for the procurement of raw gold in the amount of $3,599,990.92, with a firm fixed price and an ultimate completion date of April 14, 2021. This contract is not a set-aside award.

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, which serves as a basic ordering agreement to provide raw silver and gold materials to the agency on an as-needed basis through firm fixed price delivery orders.

Quick answers

Who was awarded contract 2031JG21F30327?

2031JG21F30327 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 31, 2021.

How much is contract 2031JG21F30327 worth?

The government has obligated $3,599,991 on 2031JG21F30327.

Is contract 2031JG21F30327 an order under another contract?

Yes. 2031JG21F30327 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30327 competed?

The extent of competition for 2031JG21F30327 was full and open competition. The government received 3 offers.

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