Raw gold bullion

Ended Awarded

Contract number
2031JG22F30431
Awardee
Awarding agency
Obligated
$4,751,725

Award facts

Contract value 100% obligated
$4,751,724.83 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 · 4 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold bullion to the United States Mint's facility in Bridgewater, Massachusetts. The contract has a ceiling value of $4,751,724.83 and an ultimate completion date of October 29, 2021. The contract was awarded on October 25, 2021 and does not have a set-aside designation.

Coins 'N Things, Inc. 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 to the Mint. Under this IDIQ contract, the company receives numerous firm fixed-price delivery orders ranging from $4 million to $15.8 million, enabling the Mint to procure raw precious metals on an as-needed basis to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG22F30431?

2031JG22F30431 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 25, 2021.

How much is contract 2031JG22F30431 worth?

The government has obligated $4,751,725 on 2031JG22F30431.

Is contract 2031JG22F30431 an order under another contract?

Yes. 2031JG22F30431 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30431 competed?

The extent of competition for 2031JG22F30431 was full and open competition. The government received 4 offers.

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