Raw gold
Active Awarded Last action
- Contract number
- 0240
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,728,634
Award facts
- Contract value 100% obligated
- $4,728,634.29 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 · 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 |
|---|---|---|
| Funding Only Action | $1,342,683 | |
| Original award | $3,385,951 |
About this award
This is a federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, with a ceiling value of $4,728,634.29, is for the delivery of raw gold to the United States Mint, the federal agency responsible for the production of coins and bullion.
The contract is a Delivery Order under a larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at $10 billion, which Coins 'N Things, Inc. was awarded on June 8, 2021. This IDIQ contract serves as a basic ordering agreement to provide raw silver and gold materials to the United States Mint through 2040. The current award has a firm fixed price and an ultimate completion date of May 30, 2030. This contract does not have a set-aside designation, indicating that Coins 'N Things, Inc. was competitively selected as the prime contractor.
Quick answers
Who was awarded contract 0240?
0240 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 17, 2011.
How much is contract 0240 worth?
The government has obligated $4,728,634 on 0240.
Is contract 0240 an order under another contract?
Yes. 0240 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0240 competed?
The extent of competition for 0240 was full and open competition. The government received 2 offers.
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