Raw gold
Ended Awarded Last action
- Contract number
- 0926
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,696,943
Award facts
- Contract value 100% obligated
- $15,696,943.28 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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
- West Point, NY 10996, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Change Order | $2,510,399 | |
| Change Order | -$1,351 | |
| Original award | $13,187,896 |
About this award
This federal contract award was issued by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $15,696,943.28, is for the delivery of raw gold to support the Mint's coin production programs. The contract was awarded on a firm fixed price basis without any set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion to the United States government.
Coins 'N Things also holds a larger $10 billion 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 on an as-needed basis to support the Mint's ongoing coin production and bullion programs. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million.
Quick answers
Who was awarded contract 0926?
0926 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 30, 2016.
How much is contract 0926 worth?
The government has obligated $15,696,943 on 0926.
Is contract 0926 an order under another contract?
Yes. 0926 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0926 competed?
The extent of competition for 0926 was full and open competition. The government received 2 offers.
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