Raw gold

Ended Awarded Last action

Contract number
0371
Awardee
Awarding agency
Obligated
$15,895,832

Award facts

Contract value 100% obligated
$15,895,831.65 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 7 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 3 $1,968,114
Additional Work (new agreement, FAR part 6 applies) 2 $3,174,610
Additional Work (new agreement, FAR part 6 applies) 1 $6,984,230
Original award $3,768,878

About this award

This federal contract award, TMHQ10C0044|0371, was made by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $15,895,831.65 firm fixed price delivery order contract is for the procurement of raw gold commodities to support the Mint's coin production programs. Coins 'N Things, Inc. holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which serves as a basic ordering agreement for the company to provide raw silver and gold materials on an as-needed basis. This contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 0371?

0371 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 13, 2012.

How much is contract 0371 worth?

The government has obligated $15,895,832 on 0371.

Is contract 0371 an order under another contract?

Yes. 0371 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0371 competed?

The extent of competition for 0371 was full and open competition. The government received 7 offers.

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