Raw gold bullion

Ended Awarded

Contract number
2031JG24F30741
Awardee
Awarding agency
Obligated
$2,313,941

Award facts

Contract value 100% obligated
$2,313,941.28 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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, valued at $2,313,941.28, was awarded on November 8, 2023, with a completion date of November 16, 2023. The contract is a firm fixed-price delivery order, with no set-aside designation.

The prime contractor for this award is Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production programs, 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 U.S. Mint, which allows for the flexible and rapid procurement of raw precious metals to support the Mint's ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 2031JG24F30741?

2031JG24F30741 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 8, 2023.

How much is contract 2031JG24F30741 worth?

The government has obligated $2,313,941 on 2031JG24F30741.

Is contract 2031JG24F30741 an order under another contract?

Yes. 2031JG24F30741 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 2031JG24F30741 competed?

The extent of competition for 2031JG24F30741 was full and open competition. The government received 3 offers.

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