Raw gold bullion

Ended Awarded

Contract number
2031JG22F30586
Awardee
Awarding agency
Obligated
$6,011,218

Award facts

Contract value 100% obligated
$6,011,218.15 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 was issued by the United States Mint, a civilian agency of the U.S. government, 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 $6,011,218.15. It is a firm fixed price delivery order contract with a period of performance ending on May 30, 2022.

Coins 'N Things, Inc. holds a larger multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint valued at $10 billion, with an extended performance period through December 31, 2040. This IDIQ contract serves as a basic ordering agreement to provide raw silver and gold materials to the Mint, with individual delivery orders ranging from $4 million to $15.8 million. The contract does not have a set-aside designation, indicating that Coins 'N Things, Inc. has been competitively selected as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 2031JG22F30586?

2031JG22F30586 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F30586 worth?

The government has obligated $6,011,218 on 2031JG22F30586.

Is contract 2031JG22F30586 an order under another contract?

Yes. 2031JG22F30586 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30586 competed?

The extent of competition for 2031JG22F30586 was full and open competition. The government received 3 offers.

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