Raw gold bullion

Ended Awarded

Contract number
2031JG22F30474
Awardee
Awarding agency
Obligated
$5,923,710

Award facts

Contract value 100% obligated
$5,923,710.13 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 federal contract award 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 $5,923,710.13, is a delivery order contract for the procurement of raw gold bullion. The contract has a firm fixed price pricing type and a delivery order contract type, with a period of performance ending on December 10, 2021. Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the provision of raw silver and gold materials, which serves as a basic ordering agreement to support the Mint's ongoing coin production and bullion programs. This latest contract award does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG22F30474?

2031JG22F30474 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 7, 2021.

How much is contract 2031JG22F30474 worth?

The government has obligated $5,923,710 on 2031JG22F30474.

Is contract 2031JG22F30474 an order under another contract?

Yes. 2031JG22F30474 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30474 competed?

The extent of competition for 2031JG22F30474 was full and open competition. The government received 3 offers.

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