Raw gold

Ended Awarded

Contract number
2031JG21F30332
Awardee
Awarding agency
Obligated
$3,410,103

Award facts

Contract value 100% obligated
$3,410,102.92 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, with a value of $3,410,102.92, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order for the supply of raw gold, with a firm fixed price pricing type and an ultimate completion date of April 23, 2021.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, 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 United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to support the Mint's ongoing coin production and bullion programs. This latest contract award is one of many delivery orders issued under the larger IDIQ vehicle, allowing the Mint to procure raw precious metals on an as-needed basis.

The contract award does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning in the market for supplying raw precious metals to the United States Mint.

Quick answers

Who was awarded contract 2031JG21F30332?

2031JG21F30332 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 19, 2021.

How much is contract 2031JG21F30332 worth?

The government has obligated $3,410,103 on 2031JG21F30332.

Is contract 2031JG21F30332 an order under another contract?

Yes. 2031JG21F30332 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30332 competed?

The extent of competition for 2031JG21F30332 was full and open competition. The government received 3 offers.

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