Raw gold bullion

Ended Awarded Last action

Contract number
2031JG22F30454
Awardee
Awarding agency
Obligated
$4,866,346

Award facts

Contract value 100% obligated
$4,866,346.07 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 · 4 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 $1,380,775
Original award $3,485,571

About this award

This federal contract awards Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, to provide raw gold bullion to the United States Mint. The contract, valued at $4,866,346.07, was awarded on November 8, 2021, with a completion date of November 29, 2021. This is a firm fixed price delivery order contract with no set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government. The contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to the company in June 2021, which serves as a basic ordering agreement to provide raw silver and gold materials to the United States Mint to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG22F30454?

2031JG22F30454 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 8, 2021.

How much is contract 2031JG22F30454 worth?

The government has obligated $4,866,346 on 2031JG22F30454.

Is contract 2031JG22F30454 an order under another contract?

Yes. 2031JG22F30454 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30454 competed?

The extent of competition for 2031JG22F30454 was full and open competition. The government received 4 offers.

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