Raw gold

Active Awarded

Contract number
0005
Awardee
Awarding agency
Obligated
$4,834,833

Award facts

Contract value 100% obligated
$4,834,833.13 Current and potential, with all options
Completion date 82% 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 · 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 is a federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, identified as TMHQ10C0044|0005, is for the delivery of raw gold to the United States Mint, a civilian agency of the U.S. government. The contract has a ceiling value of $4,834,833.13 and is a firm fixed price delivery order contract with a performance period ending on May 30, 2030. The contract was awarded on June 17, 2010 and does not have a set-aside designation. Coins 'N Things, Inc. is the prime contractor and sole supplier of raw precious metal commodities to the United States Mint, serving as a critical partner in the government's coin manufacturing supply chain. The company also holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which enables the agency to procure raw silver and gold materials on an as-needed basis to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 0005?

0005 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 17, 2010.

How much is contract 0005 worth?

The government has obligated $4,834,833 on 0005.

Is contract 0005 an order under another contract?

Yes. 0005 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0005 competed?

The extent of competition for 0005 was full and open competition. The government received 2 offers.

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