Raw gold
Ended Awarded Last action
- Contract number
- 0940
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,382,724
Award facts
- Contract value 100% obligated
- $14,382,723.61 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 |
|---|---|---|
| Funding Only Action | $6,641,104 | |
| Original award | $7,741,620 |
About this award
This firm fixed-price delivery order contract was awarded by the United States Mint, a civilian agency within the U.S. government, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $14,382,723.61, is for the procurement of raw gold bullion to support the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. This award is part of a larger $10 billion indefinite-delivery/indefinite-quantity (IDIQ) contract between the Mint and Coins 'N Things, which serves as a basic ordering agreement for the company to provide raw silver and gold materials to the agency on an as-needed basis. The contract does not have a set-aside designation, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the U.S. government.
Quick answers
Who was awarded contract 0940?
0940 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on December 21, 2016.
How much is contract 0940 worth?
The government has obligated $14,382,724 on 0940.
Is contract 0940 an order under another contract?
Yes. 0940 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0940 competed?
The extent of competition for 0940 was full and open competition. The government received 2 offers.
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