Raw gold
Active Awarded Last action
- Contract number
- 0206
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $19,415,663
Award facts
- Contract value 100% obligated
- $19,415,663.43 Current and potential, with all options
- Completion date 81% complete
- Current and potential, with all options
- PSC
- 9660 Precious Metals Primary Forms
- 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 | $6,196,318 | |
| Original award | $13,219,345 |
About this award
The U.S. Mint awarded a firm fixed-price delivery order contract valued at $19,415,663.43 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold to support the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs.
This delivery order is part of a larger $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract between the Mint and Coins 'N Things, which was awarded on June 8, 2021 and runs through December 31, 2040. Under this IDIQ vehicle, Coins 'N Things receives firm fixed-price delivery orders ranging from $4 million to $15.8 million to provide raw silver and gold materials to the Mint as needed to support its ongoing coin production. 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.
Quick answers
Who was awarded contract 0206?
0206 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 25, 2011.
How much is contract 0206 worth?
The government has obligated $19,415,663 on 0206.
Is contract 0206 an order under another contract?
Yes. 0206 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0206 competed?
The extent of competition for 0206 was full and open competition. The government received 3 offers.
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