Raw gold bullion

Ended Awarded

Contract number
2031JG22F30459
Awardee
Awarding agency
Obligated
$1,289,355

Award facts

Contract value 100% obligated
$1,289,354.65 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 · 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, that specializes in providing raw precious metal commodities to the United States Mint.

The contract, valued at $1,289,354.65, is a firm fixed price delivery order contract with a completion date of November 29, 2021. Coins 'N Things, Inc. holds a larger $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 support the agency's ongoing coin production and bullion programs. This 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 2031JG22F30459?

2031JG22F30459 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 22, 2021.

How much is contract 2031JG22F30459 worth?

The government has obligated $1,289,355 on 2031JG22F30459.

Is contract 2031JG22F30459 an order under another contract?

Yes. 2031JG22F30459 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30459 competed?

The extent of competition for 2031JG22F30459 was full and open competition. The government received 2 offers.

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