Raw gold

Ended Awarded Last action

Contract number
2031JG21F30341
Awardee
Awarding agency
Obligated
$4,722,707

Award facts

Contract value 100% obligated
$4,722,707.08 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 $4,049,088
Original award $673,619

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 firm fixed price contract, valued at $4,722,707.08, was awarded on April 19, 2021, with a completion date of May 7, 2021. The contract is not designated as a set-aside. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. government's coin production programs, serving as the sole supplier of bullion coins to the United States Mint. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which allows for flexible, rapid procurement of raw precious metals to support the agency's ongoing coin and bullion initiatives.

Quick answers

Who was awarded contract 2031JG21F30341?

2031JG21F30341 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 19, 2021.

How much is contract 2031JG21F30341 worth?

The government has obligated $4,722,707 on 2031JG21F30341.

Is contract 2031JG21F30341 an order under another contract?

Yes. 2031JG21F30341 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30341 competed?

The extent of competition for 2031JG21F30341 was full and open competition. The government received 3 offers.

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