Raw gold bullion

Ended Awarded

Contract number
2031JG22F30534
Awardee
Awarding agency
Obligated
$6,195,505

Award facts

Contract value 100% obligated
$6,195,505.11 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 · 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, issued by the United States Mint, is for the delivery of raw gold bullion to the agency's Bridgewater, Massachusetts facility. 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. The contract has a ceiling value of $6,195,505.11, with a firm fixed price and a completion date of March 31, 2022. This contract is part of a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract that Coins 'N Things holds with the United States Mint, which allows the agency to procure raw silver and gold materials on an as-needed basis to support its ongoing coin production and bullion programs. The contract was awarded without a set-aside designation, indicating Coins 'N Things' competitive positioning in the market for precious metal supplies to the U.S. government.

Quick answers

Who was awarded contract 2031JG22F30534?

2031JG22F30534 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 23, 2022.

How much is contract 2031JG22F30534 worth?

The government has obligated $6,195,505 on 2031JG22F30534.

Is contract 2031JG22F30534 an order under another contract?

Yes. 2031JG22F30534 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30534 competed?

The extent of competition for 2031JG22F30534 was full and open competition. The government received 2 offers.

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