Raw gold bullion

Ended Awarded

Contract number
2031JG22F30651
Awardee
Awarding agency
Obligated
$4,627,323

Award facts

Contract value 100% obligated
$4,627,322.94 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 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 is for the delivery of raw gold bullion and has a ceiling value of $4,627,322.94. The contract was awarded on September 14, 2022 with an ultimate completion date of September 22, 2022. This appears to be a short-term contract for the procurement of critical raw materials to support the Mint's ongoing coin production and bullion programs. Coins 'N Things, Inc. also holds a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint for the provision of raw silver and gold materials, which serves as a basic ordering agreement to enable the Mint to procure these raw precious metals on an as-needed basis. This contract was awarded on June 8, 2021 and has an extended performance period through December 31, 2040.

Quick answers

Who was awarded contract 2031JG22F30651?

2031JG22F30651 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 14, 2022.

How much is contract 2031JG22F30651 worth?

The government has obligated $4,627,323 on 2031JG22F30651.

Is contract 2031JG22F30651 an order under another contract?

Yes. 2031JG22F30651 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG22F30651 competed?

The extent of competition for 2031JG22F30651 was full and open competition. The government received 3 offers.

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