Raw gold bullion

Ended Awarded

Contract number
2031JG22F30578
Awardee
Awarding agency
Obligated
$6,365,265

Award facts

Contract value 100% obligated
$6,365,264.85 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 · 4 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 $6,365,264.85, is for the delivery of raw gold bullion to the United States Mint's facility in Bridgewater, Massachusetts. The contract has a performance period from the award date of May 9, 2022 through the ultimate completion date of May 13, 2022.

Coins 'N Things, Inc. holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the provision of raw silver and gold materials to support the agency's coin production and bullion programs. This delivery order contract is issued under that larger IDIQ vehicle, allowing the Mint to procure raw precious metals on an as-needed basis. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin manufacturing operations, serving as the sole provider of these raw materials to the government.

Quick answers

Who was awarded contract 2031JG22F30578?

2031JG22F30578 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 9, 2022.

How much is contract 2031JG22F30578 worth?

The government has obligated $6,365,265 on 2031JG22F30578.

Is contract 2031JG22F30578 an order under another contract?

Yes. 2031JG22F30578 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30578 competed?

The extent of competition for 2031JG22F30578 was full and open competition. The government received 4 offers.

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