Raw gold bullion

Ended Awarded

Contract number
2031JG23F30662
Awardee
Awarding agency
Obligated
$2,857,003

Award facts

Contract value 100% obligated
$2,857,002.95 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 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 $2,857,002.95, is for the delivery of raw gold bullion. The contract has an ultimate completion date of March 9, 2023 and was awarded on March 2, 2023.

Coins 'N Things, Inc. is the sole supplier of raw precious metal commodities, including gold and silver bullion, to the United States Mint. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement for the procurement of raw precious metals to support the Mint's ongoing coin production and bullion programs. This latest contract award is one of many such delivery orders issued under the overarching IDIQ contract, allowing the Mint to rapidly acquire critical raw materials as needed.

Quick answers

Who was awarded contract 2031JG23F30662?

2031JG23F30662 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 2, 2023.

How much is contract 2031JG23F30662 worth?

The government has obligated $2,857,003 on 2031JG23F30662.

Is contract 2031JG23F30662 an order under another contract?

Yes. 2031JG23F30662 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30662 competed?

The extent of competition for 2031JG23F30662 was full and open competition. The government received 3 offers.

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