Raw gold

Ended Awarded Last action

Contract number
0774
Awardee
Awarding agency
Obligated
$7,888,900

Award facts

Contract value 100% obligated
$7,888,900.20 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 $3,239,394
Original award $4,649,506

About this award

This federal contract award, TMHQ10C0044|0774, was issued by the United States Mint, a civilian agency, to the prime contractor Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a Delivery Order with a Firm Fixed Price pricing type, valued at $7,888,900.20, and has an ultimate completion date of November 6, 2015. The contract is for the procurement of raw gold, with no set-aside designation used. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production programs, serving as the sole supplier of bullion coins to the U.S. government. In addition to this specific contract award, Coins 'N Things holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, which allows the agency to procure raw precious metals on an as-needed basis to support its ongoing coin manufacturing efforts.

Quick answers

Who was awarded contract 0774?

0774 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 23, 2015.

How much is contract 0774 worth?

The government has obligated $7,888,900 on 0774.

Is contract 0774 an order under another contract?

Yes. 0774 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0774 competed?

The extent of competition for 0774 was full and open competition. The government received 7 offers.

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