Raw gold

Ended Awarded

Contract number
0925
Awardee
Awarding agency
Obligated
$7,534,107

Award facts

Contract value 100% obligated
$7,534,106.79 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, with ID TMHQ10C0044|0925, is for the procurement of raw gold by the United States Mint, a civilian agency of the U.S. government. The $7,534,106.79 firm fixed price delivery order contract 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 December 5, 2016 and was awarded on November 21, 2016.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, with expertise in precious metals depository, minting, and lending services. The company 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. Under this IDIQ vehicle, Coins 'N Things receives numerous firm fixed price delivery orders to support the Mint's ongoing coin production and bullion programs. This particular award was not designated as a set-aside contract.

Quick answers

Who was awarded contract 0925?

0925 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 21, 2016.

How much is contract 0925 worth?

The government has obligated $7,534,107 on 0925.

Is contract 0925 an order under another contract?

Yes. 0925 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0925 competed?

The extent of competition for 0925 was full and open competition. The government received 2 offers.

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