Raw gold bullion

Ended Awarded

Contract number
2031JG23F30698
Awardee
Awarding agency
Obligated
$6,303,170

Award facts

Contract value 100% obligated
$6,303,169.58 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 · 2 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 federal government. The contract, valued at $6,303,169.58, was awarded on May 31, 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 an ultimate completion date of June 8, 2023.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract 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. This specific contract award is a delivery order issued under that larger IDIQ vehicle. There is no set-aside designation associated with this contract.

Quick answers

Who was awarded contract 2031JG23F30698?

2031JG23F30698 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 31, 2023.

How much is contract 2031JG23F30698 worth?

The government has obligated $6,303,170 on 2031JG23F30698.

Is contract 2031JG23F30698 an order under another contract?

Yes. 2031JG23F30698 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30698 competed?

The extent of competition for 2031JG23F30698 was full and open competition. The government received 2 offers.

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