Raw gold
Ended Awarded Last action
- Contract number
- 0913
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,545,529
Award facts
- Contract value 100% obligated
- $14,545,529.15 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 · 2 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 |
|---|---|---|
| Additional Work (new agreement, FAR part 6 applies) | $7,021,980 | |
| Original award | $7,523,550 |
About this award
This federal contract award, with ID TMHQ10C0044|0913, was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $14,545,529.15 firm fixed price delivery order contract is for the provision of raw gold, a critical raw material for the Mint's coin production programs.
The contract has no set-aside designation, indicating Coins 'N Things' competitive position as the sole supplier of bullion coins to the U.S. government. It is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the company and the United States Mint, which serves as a basic ordering agreement for the supply of raw silver and gold materials to support the Mint's ongoing coin and bullion programs. Under this IDIQ, Coins 'N Things receives multiple delivery orders ranging from $4 million to $15.8 million, providing the Mint with flexible and rapid access to the critical raw precious metals needed for its coin manufacturing operations.
Quick answers
Who was awarded contract 0913?
0913 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 26, 2016.
How much is contract 0913 worth?
The government has obligated $14,545,529 on 0913.
Is contract 0913 an order under another contract?
Yes. 0913 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0913 competed?
The extent of competition for 0913 was full and open competition. The government received 2 offers.
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