Raw gold bullion

Ended Awarded

Contract number
2031JG23F30700
Awardee
Awarding agency
Obligated
$6,303,650

Award facts

Contract value 100% obligated
$6,303,649.65 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, awarded by the United States Mint (an agency of the U.S. government's Department of the Treasury), provides for the delivery of raw gold bullion to the agency. The contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts that specializes in providing precious metal commodities to the Mint.

The contract, valued at $6,303,649.65, is a firm fixed price delivery order contract with a completion date of June 8, 2023. Coins 'N Things, Inc. has also been awarded a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract by the Mint, which serves as a basic ordering agreement for the company to provide raw silver and gold materials to support the Mint's ongoing coin production and bullion programs. This contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive position as the sole supplier of bullion coins to the U.S. government.

Quick answers

Who was awarded contract 2031JG23F30700?

2031JG23F30700 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 31, 2023.

How much is contract 2031JG23F30700 worth?

The government has obligated $6,303,650 on 2031JG23F30700.

Is contract 2031JG23F30700 an order under another contract?

Yes. 2031JG23F30700 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30700 competed?

The extent of competition for 2031JG23F30700 was full and open competition. The government received 2 offers.

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