Raw gold
Active Awarded Last action
- Contract number
- 0062
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $11,991,589
Award facts
- Contract value 100% obligated
- $11,991,588.72 Current and potential, with all options
- Completion date 81% complete
- Current and potential, with all options
- Contracting staff
- 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $11,991,589 |
About this award
The U.S. Mint has awarded a firm fixed price delivery order contract to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $11,991,588.72, is for the delivery of raw gold to support the Mint's coin production programs. This award is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with Coins 'N Things that was awarded on June 8, 2021 and runs through December 31, 2040. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government. Through this contract, the Mint can rapidly procure critical raw materials, such as gold and silver, to support its ongoing coin manufacturing and bullion programs.
Quick answers
Who was awarded contract 0062?
0062 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 26, 2010.
How much is contract 0062 worth?
The government has obligated $11,991,589 on 0062.
Is contract 0062 an order under another contract?
Yes. 0062 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0062 competed?
The extent of competition for 0062 was full and open competition. The government received 2 offers.
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