Raw gold

Ended Awarded Last action

Contract number
0916
Awardee
Awarding agency
Obligated
$8,548,252

Award facts

Contract value 100% obligated
$8,548,251.55 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 · 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) 1 $2,510,970
Original award $6,037,281

About this award

This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $8,548,251.55, is for the delivery of raw gold, with a period of performance ending on November 17, 2016. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the Mint's coin production programs, and holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the agency to provide raw precious metals. The current contract was awarded on November 7, 2016 without any set-aside designations, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 0916?

0916 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 7, 2016.

How much is contract 0916 worth?

The government has obligated $8,548,252 on 0916.

Is contract 0916 an order under another contract?

Yes. 0916 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0916 competed?

The extent of competition for 0916 was full and open competition. The government received 2 offers.

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