Raw gold

Ended Awarded

Contract number
2031JG21F30334
Awardee
Awarding agency
Obligated
$3,470,572

Award facts

Contract value 100% obligated
$3,470,571.83 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 · 2 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 ID TMHQ10C0044|2031JG21F30334, was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $3,470,571.83 Firm Fixed Price contract is for the delivery of raw gold, with an ultimate completion date of April 23, 2021. This contract does not have a set-aside designation, indicating Coins 'N Things, Inc. competed against other vendors.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. 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 U.S. Mint, which provides a basic ordering agreement for raw silver and gold materials through December 31, 2040. This latest contract award is one of the numerous firm fixed price delivery orders issued under the IDIQ vehicle, enabling the Mint to rapidly procure critical raw materials to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG21F30334?

2031JG21F30334 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 19, 2021.

How much is contract 2031JG21F30334 worth?

The government has obligated $3,470,572 on 2031JG21F30334.

Is contract 2031JG21F30334 an order under another contract?

Yes. 2031JG21F30334 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30334 competed?

The extent of competition for 2031JG21F30334 was full and open competition. The government received 2 offers.

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