Raw gold bullion

Ended Awarded

Contract number
2031JG22F30565
Awardee
Awarding agency
Obligated
$5,541,157

Award facts

Contract value 100% obligated
$5,541,157.22 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the U.S. government. The contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has a ceiling value of $5,541,157.22 and is a firm fixed price delivery order with an ultimate completion date of April 15, 2022.

Coins 'N Things, Inc. holds a larger $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 to support the agency's coin production and bullion programs. The current award is one of several delivery orders issued under this IDIQ contract, enabling the Mint to procure raw precious metals on an as-needed basis. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG22F30565?

2031JG22F30565 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 11, 2022.

How much is contract 2031JG22F30565 worth?

The government has obligated $5,541,157 on 2031JG22F30565.

Is contract 2031JG22F30565 an order under another contract?

Yes. 2031JG22F30565 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30565 competed?

The extent of competition for 2031JG22F30565 was full and open competition. The government received 3 offers.

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