Raw gold
Ended Awarded Last action
- Contract number
- 0490
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,437,320
Award facts
- Contract value 100% obligated
- $4,437,319.74 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 · 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 | $3,178,013 | |
| Original award | $1,259,307 |
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, valued at $4,437,319.74, is a delivery order contract with a firm fixed price pricing type. It was awarded by the United States Mint, a civilian agency, for the delivery of raw gold. The contract has an ultimate completion date of March 11, 2013 and was awarded on March 1, 2013.
Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production, holding a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the agency through December 31, 2040. This contract serves as a basic ordering agreement for the procurement of raw silver and gold materials, with the Mint issuing firm fixed price delivery orders ranging from $4 million to $15.8 million as needed to support its ongoing coin and bullion programs. The current $4.4 million contract is one such delivery order under the larger IDIQ vehicle.
Quick answers
Who was awarded contract 0490?
0490 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 1, 2013.
How much is contract 0490 worth?
The government has obligated $4,437,320 on 0490.
Is contract 0490 an order under another contract?
Yes. 0490 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0490 competed?
The extent of competition for 0490 was full and open competition. The government received 7 offers.
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