Raw gold
Ended Awarded Last action
- Contract number
- 0924
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,404,615
Award facts
- Contract value 100% obligated
- $9,404,614.54 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 |
|---|---|---|
| Funding Only Action | $8,354,917 | |
| Original award | $1,049,698 |
About this award
This federal contract award, TMHQ10C0044|0924, was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $9,404,614.54 firm fixed price delivery order contract is for the procurement of raw gold to support the agency's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The contract does not have a set-aside designation.
Coins 'N Things, Inc. holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials to the agency on an as-needed basis through December 31, 2040. The company has established itself as the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services.
Quick answers
Who was awarded contract 0924?
0924 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 18, 2016.
How much is contract 0924 worth?
The government has obligated $9,404,615 on 0924.
Is contract 0924 an order under another contract?
Yes. 0924 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0924 competed?
The extent of competition for 0924 was full and open competition. The government received 2 offers.
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