Raw gold

Ended Awarded

Contract number
2031JG21F30337
Awardee
Awarding agency
Obligated
$4,833,821

Award facts

Contract value 100% obligated
$4,833,820.88 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 commodities to the United States Mint. The contract has a ceiling value of $4,833,820.88 and was awarded on April 19, 2021, with an ultimate completion date of April 23, 2021. This is a firm fixed price delivery order contract, and there is no set-aside designation.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, and this contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the United States Mint. This IDIQ contract, awarded on June 8, 2021, serves as a basic ordering agreement to provide raw silver and gold materials to the Mint, enabling the agency to procure critical raw materials on an as-needed basis to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG21F30337?

2031JG21F30337 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 19, 2021.

How much is contract 2031JG21F30337 worth?

The government has obligated $4,833,821 on 2031JG21F30337.

Is contract 2031JG21F30337 an order under another contract?

Yes. 2031JG21F30337 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30337 competed?

The extent of competition for 2031JG21F30337 was full and open competition. The government received 3 offers.

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