Raw gold

Active Awarded Last action

Contract number
0196
Awardee
Awarding agency
Obligated
$7,988,179

Award facts

Contract value 100% obligated
$7,988,178.79 Current and potential, with all options
Completion date 81% complete
Current and potential, with all options
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.

Transactions

Action Obligated Date
Funding Only Action 1 $3,284,336
Original award $4,703,843

About this award

This is a firm fixed-price delivery order contract awarded 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, valued at $7,988,178.79, is for the delivery of raw gold commodities to support the Mint's coin production programs. The award has an ultimate completion date of May 30, 2030 and was made on August 11, 2011. Coins 'N Things, Inc. also 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 on an as-needed basis. This contract, awarded on June 8, 2021, positions Coins 'N Things as a critical supplier in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 0196?

0196 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 11, 2011.

How much is contract 0196 worth?

The government has obligated $7,988,179 on 0196.

Is contract 0196 an order under another contract?

Yes. 0196 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0196 competed?

The extent of competition for 0196 was full and open competition. The government received 3 offers.

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