Raw gold

Ended Awarded Last action

Contract number
0385
Awardee
Awarding agency
Obligated
$9,181,909

Award facts

Contract value 100% obligated
$9,181,908.61 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 1 $649,131
Original award $8,532,777

About this award

This is a firm fixed-price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold and has a ceiling value of $9,181,908.61. It was awarded on August 17, 2012 with a completion date of August 27, 2012.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for coin production, serving as a key vendor in the United States government's coin manufacturing ecosystem. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint to provide raw silver and gold materials. This delivery order contract is issued under that larger IDIQ vehicle. Coins 'N Things, Inc. has consistently provided raw gold and silver bullion to the United States Mint through numerous delivery order contracts, typically ranging from $1 million to $14 million, with short performance periods of 1-14 days.

Quick answers

Who was awarded contract 0385?

0385 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 17, 2012.

How much is contract 0385 worth?

The government has obligated $9,181,909 on 0385.

Is contract 0385 an order under another contract?

Yes. 0385 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0385 competed?

The extent of competition for 0385 was full and open competition. The government received 7 offers.

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