Raw gold
Ended Awarded Last action
- Contract number
- 0538
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,013,927
Award facts
- Contract value 100% obligated
- $12,013,926.94 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 | $3,452,133 | |
| Original award | $8,561,794 |
About this award
This federal contract award is for the procurement of raw gold commodities by the United States Mint, a civilian agency of the U.S. government. The contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, for a ceiling value of $12,013,926.94. The contract is a delivery order under a larger indefinite-delivery/indefinite-quantity (IDIQ) contract valued at $10 billion, which provides a basic ordering agreement for Coins 'N Things to supply raw silver and gold materials to the Mint through 2040. This contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government. The short-term, firm fixed price delivery orders under this IDIQ contract enable the Mint to rapidly procure critical raw precious metals to support its ongoing coin production and bullion programs.
Quick answers
Who was awarded contract 0538?
0538 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 23, 2013.
How much is contract 0538 worth?
The government has obligated $12,013,927 on 0538.
Is contract 0538 an order under another contract?
Yes. 0538 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0538 competed?
The extent of competition for 0538 was full and open competition. The government received 7 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award