Raw gold
Ended Awarded Last action
- Contract number
- 0271
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $20,450,175
Award facts
- Contract value 100% obligated
- $20,450,174.61 Current and potential, with all options
- Completion date 100% 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 |
|---|---|---|
| Additional Work (new agreement, FAR part 6 applies) | $12,754,128 | |
| Original award | $7,696,046 |
About this award
This federal contract award was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $20,450,174.61 Firm Fixed Price Delivery Order contract is for the procurement of raw gold bullion to support the Mint's coin production programs. The contract has no set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government.
Coins 'N Things 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 through firm fixed price delivery orders. This IDIQ contract, awarded on June 8, 2021, positions Coins 'N Things as an essential partner in the United States' coin manufacturing supply chain, enabling the Mint to rapidly procure critical raw materials to support its ongoing coin production and bullion programs.
Quick answers
Who was awarded contract 0271?
0271 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 21, 2011.
How much is contract 0271 worth?
The government has obligated $20,450,175 on 0271.
Is contract 0271 an order under another contract?
Yes. 0271 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0271 competed?
The extent of competition for 0271 was full and open competition. The government received 3 offers.
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