Raw gold bullion

Ended Awarded

Contract number
2031JG22F30441
Awardee
Awarding agency
Obligated
$4,639,081

Award facts

Contract value 100% obligated
$4,639,081.22 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 federal contract award was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $4,639,081.22 firm fixed price delivery order contract is for the procurement of raw gold bullion to support the Mint's coin production programs. The contract has no set-aside designation.

Coins 'N Things, Inc. also 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 on an as-needed basis. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million to enable the Mint to rapidly procure critical raw precious metals to support its ongoing coin production and bullion programs. This positions Coins 'N Things as an essential partner in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG22F30441?

2031JG22F30441 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 27, 2021.

How much is contract 2031JG22F30441 worth?

The government has obligated $4,639,081 on 2031JG22F30441.

Is contract 2031JG22F30441 an order under another contract?

Yes. 2031JG22F30441 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30441 competed?

The extent of competition for 2031JG22F30441 was full and open competition. The government received 4 offers.

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