Raw gold bullion

Ended Awarded

Contract number
2031JG23F30705
Awardee
Awarding agency
Obligated
$6,238,490

Award facts

Contract value 100% obligated
$6,238,489.53 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, awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, has a ceiling value of $6,238,489.53 and is a firm fixed price delivery order. The contract has an ultimate completion date of June 15, 2023 and was awarded on June 7, 2023. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint for the procurement of raw silver and gold materials to support the agency's ongoing coin production and bullion programs. This particular contract award does not utilize a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F30705?

2031JG23F30705 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 7, 2023.

How much is contract 2031JG23F30705 worth?

The government has obligated $6,238,490 on 2031JG23F30705.

Is contract 2031JG23F30705 an order under another contract?

Yes. 2031JG23F30705 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG23F30705 competed?

The extent of competition for 2031JG23F30705 was full and open competition. The government received 3 offers.

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