Raw gold

Ended Awarded

Contract number
2031JG21F30359
Awardee
Awarding agency
Obligated
$2,298,128

Award facts

Contract value 100% obligated
$2,298,127.87 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 was made by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $2,298,127.87 firm fixed-price delivery order contract is for the provision of raw gold, with a period of performance ending on July 7, 2021. This contract is not a set-aside.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services. 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 for the agency's ongoing coin production and bullion programs. Under this IDIQ, Coins 'N Things receives numerous firm fixed-price delivery orders ranging from $4 million to $15.8 million to rapidly procure critical raw materials.

Quick answers

Who was awarded contract 2031JG21F30359?

2031JG21F30359 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 25, 2021.

How much is contract 2031JG21F30359 worth?

The government has obligated $2,298,128 on 2031JG21F30359.

Is contract 2031JG21F30359 an order under another contract?

Yes. 2031JG21F30359 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30359 competed?

The extent of competition for 2031JG21F30359 was full and open competition. The government received 2 offers.

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