Raw gold bullion

Ended Awarded

Contract number
2031JG22F30560
Awardee
Awarding agency
Obligated
$6,233,196

Award facts

Contract value 100% obligated
$6,233,196.18 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 firm fixed-price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $6,233,196.18, is for the procurement of raw gold bullion to support the Mint's coin production programs. The contract has no set-aside designation, indicating Coins 'N Things, Inc. was competitively selected.

Coins 'N Things, Inc. also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, awarded on June 8, 2021, to provide raw silver and gold materials on an as-needed basis. Under this IDIQ vehicle, the company receives firm fixed-price delivery orders ranging from $4 million to $15.8 million to support the Mint's ongoing coin production and bullion programs. This contract positions Coins 'N Things, Inc. as a critical supplier and essential partner in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 2031JG22F30560?

2031JG22F30560 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 6, 2022.

How much is contract 2031JG22F30560 worth?

The government has obligated $6,233,196 on 2031JG22F30560.

Is contract 2031JG22F30560 an order under another contract?

Yes. 2031JG22F30560 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30560 competed?

The extent of competition for 2031JG22F30560 was full and open competition. The government received 3 offers.

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