Raw gold bullion

Ended Awarded

Contract number
2031JG22F30542
Awardee
Awarding agency
Obligated
$5,378,465

Award facts

Contract value 100% obligated
$5,378,464.86 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 was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $5,378,464.86 firm fixed price delivery order contract is for the provision of raw gold bullion, with a period of performance through April 5, 2022. Coins 'N Things, Inc. also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the supply of raw silver and gold materials to support the agency's ongoing coin production and bullion programs. The contract did not utilize a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government. As a critical vendor in the United States' coin manufacturing supply chain, Coins 'N Things provides essential raw precious metal commodities to the United States Mint to enable the production of circulating coins, commemorative coins, and bullion coin programs.

Quick answers

Who was awarded contract 2031JG22F30542?

2031JG22F30542 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 28, 2022.

How much is contract 2031JG22F30542 worth?

The government has obligated $5,378,465 on 2031JG22F30542.

Is contract 2031JG22F30542 an order under another contract?

Yes. 2031JG22F30542 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30542 competed?

The extent of competition for 2031JG22F30542 was full and open competition. The government received 3 offers.

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