Raw gold
Active Awarded
- Contract number
- 0056
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $8,213,438
Award facts
- Contract value 100% obligated
- $8,213,438.08 Current and potential, with all options
- Completion date 82% complete
- Current and potential, with all options
- 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 award, valued at $8,213,438.08, was issued by the United States Mint (a civilian agency) to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order for the procurement of raw gold, with a firm fixed price and an ultimate completion date of May 30, 2030. This award is not set aside and appears to be part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract that Coins 'N Things, Inc. holds with the United States Mint. The IDIQ contract, awarded on June 8, 2021, serves as a basic ordering agreement to provide raw silver and gold materials to the Mint, with the company receiving numerous firm fixed price delivery orders ranging from $4 million to $15.8 million. This arrangement allows the Mint to rapidly procure critical raw materials to support its ongoing coin production and bullion programs, positioning Coins 'N Things, Inc. as an essential partner in the United States' coin manufacturing supply chain.
Quick answers
Who was awarded contract 0056?
0056 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 22, 2010.
How much is contract 0056 worth?
The government has obligated $8,213,438 on 0056.
Is contract 0056 an order under another contract?
Yes. 0056 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0056 competed?
The extent of competition for 0056 was full and open competition. The government received 2 offers.
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