Raw gold bullion

Ended Awarded

Contract number
2031JG23F30703
Awardee
Awarding agency
Obligated
$6,232,467

Award facts

Contract value 100% obligated
$6,232,467.05 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of raw gold bullion to the United States Mint. The $6,232,467.05 firm fixed price delivery order contract has a completion date of June 14, 2023.

Coins 'N Things, Inc. also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, awarded on June 8, 2021, to provide raw silver and gold materials to support the agency's ongoing coin production and bullion programs. This contract allows the Mint to procure critical raw precious metals on an as-needed basis through subsequent firm fixed price delivery orders.

The contract award was not set aside for any specific business classification. Coins 'N Things, Inc. is a key vendor in the United States government's coin manufacturing supply chain, providing raw precious metal commodities that are essential for the Mint's production of circulating, commemorative, and bullion coins.

Quick answers

Who was awarded contract 2031JG23F30703?

2031JG23F30703 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 7, 2023.

How much is contract 2031JG23F30703 worth?

The government has obligated $6,232,467 on 2031JG23F30703.

Is contract 2031JG23F30703 an order under another contract?

Yes. 2031JG23F30703 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30703 competed?

The extent of competition for 2031JG23F30703 was full and open competition. The government received 3 offers.

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