Raw gold

Ended Awarded Last action

Contract number
0548
Awardee
Awarding agency
Obligated
$10,790,505

Award facts

Contract value 100% obligated
$10,790,505.16 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 $9,319,060
Original award $1,471,445

About this award

This federal contract award is for the delivery of raw gold to the United States Mint, a civilian agency under the Department of the Treasury. The prime contractor, Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, was awarded a $10,790,505.16 firm fixed price delivery order contract with a completion date of February 13, 2014. This contract is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract that Coins 'N Things holds with the United States Mint, enabling the agency to procure raw precious metals on an as-needed basis to support its coin production and bullion programs. The 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 0548?

0548 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 30, 2014.

How much is contract 0548 worth?

The government has obligated $10,790,505 on 0548.

Is contract 0548 an order under another contract?

Yes. 0548 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0548 competed?

The extent of competition for 0548 was full and open competition. The government received 7 offers.

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