Raw gold bullion

Ended Awarded

Contract number
2031JG23F30689
Awardee
Awarding agency
Obligated
$5,491,856

Award facts

Contract value 100% obligated
$5,491,856.08 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 from the United States Mint (an agency of the U.S. government) to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of raw gold bullion. The contract is a firm fixed-price delivery order with a total ceiling value of $5,491,856.08 and a performance period ending on May 17, 2023. Coins 'N Things, Inc. is the prime contractor and there is no set-aside designation mentioned.

The contract is part of a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract that Coins 'N Things, Inc. holds with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to support the agency's ongoing coin production and bullion programs. Under this IDIQ contract, the company receives numerous firm fixed-price delivery orders ranging from $4 million to $15.8 million, allowing the Mint to rapidly procure critical raw materials as needed.

Quick answers

Who was awarded contract 2031JG23F30689?

2031JG23F30689 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 11, 2023.

How much is contract 2031JG23F30689 worth?

The government has obligated $5,491,856 on 2031JG23F30689.

Is contract 2031JG23F30689 an order under another contract?

Yes. 2031JG23F30689 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30689 competed?

The extent of competition for 2031JG23F30689 was full and open competition. The government received 3 offers.

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