Raw gold bullion

Ended Awarded

Contract number
2031JG21F30394
Awardee
Awarding agency
Obligated
$4,592,284

Award facts

Contract value 100% obligated
$4,592,283.78 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 · 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. is for the delivery of raw gold bullion to the United States Mint. The $4,592,283.78 firm fixed-price delivery order contract has an ultimate completion date of August 30, 2021. Coins 'N Things, Inc. is a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts that specializes in providing raw precious metal commodities to the United States Mint. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract the company holds with the Mint, which allows the agency to procure raw silver and gold materials on an as-needed basis to support its ongoing coin production and bullion programs. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG21F30394?

2031JG21F30394 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 23, 2021.

How much is contract 2031JG21F30394 worth?

The government has obligated $4,592,284 on 2031JG21F30394.

Is contract 2031JG21F30394 an order under another contract?

Yes. 2031JG21F30394 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG21F30394 competed?

The extent of competition for 2031JG21F30394 was full and open competition. The government received 3 offers.

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