Raw gold bullion

Ended Awarded

Contract number
2031JG22F30470
Awardee
Awarding agency
Obligated
$6,154,653

Award facts

Contract value 100% obligated
$6,154,653.03 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 · 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 is a firm fixed price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $6,154,653.03, is for the delivery of raw gold bullion to support the Mint's coin production programs. Coins 'N Things, Inc. is a critical supplier of precious metals to the Mint, serving as the sole provider of gold and silver bullion under a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract awarded in June 2021. This IDIQ contract allows the Mint to rapidly procure raw materials as needed to support its ongoing coin manufacturing operations. The current delivery order has no set-aside designation, indicating Coins 'N Things' competitive position in the market for precious metals supply to the U.S. government.

Quick answers

Who was awarded contract 2031JG22F30470?

2031JG22F30470 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 7, 2021.

How much is contract 2031JG22F30470 worth?

The government has obligated $6,154,653 on 2031JG22F30470.

Is contract 2031JG22F30470 an order under another contract?

Yes. 2031JG22F30470 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30470 competed?

The extent of competition for 2031JG22F30470 was full and open competition. The government received 3 offers.

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