Raw gold bullion

Ended Awarded

Contract number
2031JG22F30554
Awardee
Awarding agency
Obligated
$4,029,410

Award facts

Contract value 100% obligated
$4,029,410.36 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 from the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,029,410.36. It is a firm fixed price delivery order contract with an ultimate completion date of April 7, 2022.

Coins 'N Things, Inc. is a key supplier of precious metal commodities, including gold and silver bullion, to the United States Mint. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement for raw silver and gold materials. Under this IDIQ vehicle, the company receives numerous delivery orders to support the Mint's ongoing coin production and bullion programs. This contract award does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning in the market.

Quick answers

Who was awarded contract 2031JG22F30554?

2031JG22F30554 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 5, 2022.

How much is contract 2031JG22F30554 worth?

The government has obligated $4,029,410 on 2031JG22F30554.

Is contract 2031JG22F30554 an order under another contract?

Yes. 2031JG22F30554 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30554 competed?

The extent of competition for 2031JG22F30554 was full and open competition. The government received 3 offers.

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