Raw gold

Ended Awarded

Contract number
0840
Awardee
Awarding agency
Obligated
$2,411,351

Award facts

Contract value 100% obligated
$2,411,351.03 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Bridgewater, MA 02324, USA

Award details come from SAM.gov/FPDS.

About this award

This federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, is for the delivery of RAW GOLD to the United States Mint, a civilian agency. The $2,411,351.03 firm fixed price contract is a delivery order awarded on April 29, 2016 with a completion date of May 12, 2016. Coins 'N Things, Inc. is the sole provider of raw precious metal commodities to the U.S. Mint, serving as a critical supplier of gold and silver bullion for coin production. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint through December 31, 2040, receiving numerous delivery orders to procure raw precious metals to support the agency's ongoing coin manufacturing programs. This contract award was not set aside.

Quick answers

Who was awarded contract 0840?

0840 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 29, 2016.

How much is contract 0840 worth?

The government has obligated $2,411,351 on 0840.

Is contract 0840 an order under another contract?

Yes. 0840 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0840 competed?

The extent of competition for 0840 was full and open competition. The government received 2 offers.

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