Raw gold

Ended Awarded

Contract number
0852
Awardee
Awarding agency
Obligated
$2,701,758

Award facts

Contract value 100% obligated
$2,701,757.66 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 firm fixed-price delivery order contract, awarded by the United States Mint (an agency of the Department of the Treasury), provides for the supply of raw gold bullion to the agency. The contract, with a ceiling value of $2,701,757.66, was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has an ultimate completion date of June 1, 2016 and was awarded on May 18, 2016. Coins 'N Things, Inc. is a critical vendor for the United States Mint, serving as the sole supplier of bullion coins to the federal government. The company holds a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, enabling the agency to issue delivery orders for raw silver on an as-needed basis to support its coin production and bullion programs.

Quick answers

Who was awarded contract 0852?

0852 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 18, 2016.

How much is contract 0852 worth?

The government has obligated $2,701,758 on 0852.

Is contract 0852 an order under another contract?

Yes. 0852 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0852 competed?

The extent of competition for 0852 was full and open competition. The government received 2 offers.

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