Raw gold bullion

Ended Awarded

Contract number
2031JG23F30688
Awardee
Awarding agency
Obligated
$5,461,520

Award facts

Contract value 100% obligated
$5,461,519.69 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract, valued at $5,461,519.69, was awarded on May 11, 2023 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has a firm fixed price pricing type and a completion date of May 17, 2023. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, allowing for flexible and rapid procurement of raw precious metals to support the agency's ongoing coin and bullion programs.

Quick answers

Who was awarded contract 2031JG23F30688?

2031JG23F30688 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 11, 2023.

How much is contract 2031JG23F30688 worth?

The government has obligated $5,461,520 on 2031JG23F30688.

Is contract 2031JG23F30688 an order under another contract?

Yes. 2031JG23F30688 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30688 competed?

The extent of competition for 2031JG23F30688 was full and open competition. The government received 3 offers.

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