Raw gold bullion

Ended Awarded

Contract number
2031JG22F30563
Awardee
Awarding agency
Obligated
$5,477,245

Award facts

Contract value 100% obligated
$5,477,245.11 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 to Coins 'N Things, Inc. is for the delivery of raw gold bullion to the United States Mint. The $5,477,245.11 firm fixed price delivery order contract has an ultimate completion date of April 15, 2022. This award is part of a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract between Coins 'N Things and the United States Mint, which serves as a basic ordering agreement for the company to provide raw silver and gold materials to support the agency's coin production and bullion programs. Coins 'N Things, a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, has established itself as the sole supplier of bullion coins to the United States government. The contract was awarded without a set-aside designation, indicating the company's competitive positioning in the precious metals supply chain for the United States Mint.

Quick answers

Who was awarded contract 2031JG22F30563?

2031JG22F30563 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 11, 2022.

How much is contract 2031JG22F30563 worth?

The government has obligated $5,477,245 on 2031JG22F30563.

Is contract 2031JG22F30563 an order under another contract?

Yes. 2031JG22F30563 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30563 competed?

The extent of competition for 2031JG22F30563 was full and open competition. The government received 3 offers.

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