Raw gold bullion

Ended Awarded

Contract number
2031JG22F30545
Awardee
Awarding agency
Obligated
$5,386,319

Award facts

Contract value 100% obligated
$5,386,319.40 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 · 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 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 $5,386,319.40 firm fixed price delivery order contract is for the provision of raw gold bullion to support the Mint's coin production programs. There was no set-aside used for this award.

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 on an as-needed basis. Under this IDIQ vehicle, the company receives numerous delivery orders ranging from $4 million to $15.8 million to rapidly procure critical raw materials for the Mint's ongoing coin production and bullion programs. This positions Coins 'N Things as an essential partner in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG22F30545?

2031JG22F30545 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 28, 2022.

How much is contract 2031JG22F30545 worth?

The government has obligated $5,386,319 on 2031JG22F30545.

Is contract 2031JG22F30545 an order under another contract?

Yes. 2031JG22F30545 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30545 competed?

The extent of competition for 2031JG22F30545 was full and open competition. The government received 2 offers.

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