Raw gold bullion

Ended Awarded

Contract number
2031JG22F30593
Awardee
Awarding agency
Obligated
$5,971,550

Award facts

Contract value 100% obligated
$5,971,549.68 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 · 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 contract, awarded by the United States Mint, is for the delivery of raw gold bullion to the agency's facility in Bridgewater, Massachusetts. The contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, that specializes in providing raw precious metal commodities to the United States Mint.

The contract has a ceiling value of $5,971,549.68 and was awarded on a firm fixed price basis. It is a delivery order contract with a performance period ending on May 30, 2022. Coins 'N Things, Inc. holds a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the procurement of raw silver and gold materials to support the agency's ongoing coin production and bullion programs. This contract, awarded on June 8, 2021, serves as a basic ordering agreement that enables the Mint to rapidly procure critical raw materials as needed.

Quick answers

Who was awarded contract 2031JG22F30593?

2031JG22F30593 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F30593 worth?

The government has obligated $5,971,550 on 2031JG22F30593.

Is contract 2031JG22F30593 an order under another contract?

Yes. 2031JG22F30593 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30593 competed?

The extent of competition for 2031JG22F30593 was full and open competition. The government received 4 offers.

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