Raw gold bullion

Ended Awarded

Contract number
2031JG22F30471
Awardee
Awarding agency
Obligated
$6,160,338

Award facts

Contract value 100% obligated
$6,160,337.84 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 federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, provides for the delivery of raw gold bullion to the United States Mint. The award, valued at $6,160,337.84, is a firm fixed-price delivery order contract with a completion date of December 10, 2021. The contract is not designated as a set-aside.

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 support the Mint's ongoing coin production and bullion programs. This contract award represents one of the numerous firm fixed-price delivery orders issued under the IDIQ vehicle, enabling the Mint to procure critical raw precious metal commodities as needed.

Quick answers

Who was awarded contract 2031JG22F30471?

2031JG22F30471 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 7, 2021.

How much is contract 2031JG22F30471 worth?

The government has obligated $6,160,338 on 2031JG22F30471.

Is contract 2031JG22F30471 an order under another contract?

Yes. 2031JG22F30471 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30471 competed?

The extent of competition for 2031JG22F30471 was full and open competition. The government received 3 offers.

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