Raw gold

Ended Awarded Last action

Contract number
0395
Awardee
Awarding agency
Obligated
$6,884,024

Award facts

Contract value 100% obligated
$6,884,023.65 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 1 $2,067,440
Original award $4,816,584

About this award

This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $6,884,023.65, is for the delivery of raw gold. It does not have a set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production, serving as a key vendor in the government's coin manufacturing ecosystem. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which allows for flexible, rapid procurement of raw precious metals to support the agency's ongoing coin production and bullion programs. This specific delivery order, with a performance period ending on September 21, 2012, is one of the numerous firm fixed-price orders the company receives under the IDIQ contract to provide raw materials to the Mint's Bridgewater, Massachusetts facility.

Quick answers

Who was awarded contract 0395?

0395 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 15, 2012.

How much is contract 0395 worth?

The government has obligated $6,884,024 on 0395.

Is contract 0395 an order under another contract?

Yes. 0395 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0395 competed?

The extent of competition for 0395 was full and open competition. The government received 7 offers.

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