Raw gold bullion

Ended Awarded

Contract number
2031JG22F30480
Awardee
Awarding agency
Obligated
$2,652,709

Award facts

Contract value 100% obligated
$2,652,708.71 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The $2,652,708.71 firm fixed price delivery order contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The company specializes in providing raw precious metal commodities to support the Mint's coin production programs. This delivery order is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract awarded to Coins 'N Things in June 2021, which serves as a basic ordering agreement for the Mint to procure raw silver and gold materials as needed. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion to the U.S. government. This federal contract supports the Mint's ongoing mission to manufacture circulating coins, commemorative coins, and bullion coin programs for the United States.

Quick answers

Who was awarded contract 2031JG22F30480?

2031JG22F30480 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 20, 2021.

How much is contract 2031JG22F30480 worth?

The government has obligated $2,652,709 on 2031JG22F30480.

Is contract 2031JG22F30480 an order under another contract?

Yes. 2031JG22F30480 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30480 competed?

The extent of competition for 2031JG22F30480 was full and open competition. The government received 3 offers.

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