Raw gold

Active Awarded

Contract number
0162
Awardee
Awarding agency
Obligated
$2,866,774

Award facts

Contract value 100% obligated
$2,866,773.99 Current and potential, with all options
Completion date 81% 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 · 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, with ID TMHQ10C0044|0162, 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 for the delivery of raw gold, with a ceiling value of $2,866,773.99, and a completion date of May 30, 2030. This contract is a delivery order under a firm fixed price contract type, and there was no set-aside used.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, and this contract is part of the company's broader role as the sole supplier of bullion coins to the U.S. government. In addition to this contract, Coins 'N Things holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to support the Mint's ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 0162?

0162 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 10, 2011.

How much is contract 0162 worth?

The government has obligated $2,866,774 on 0162.

Is contract 0162 an order under another contract?

Yes. 0162 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0162 competed?

The extent of competition for 0162 was full and open competition. The government received 2 offers.

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