Raw gold

Ended Awarded

Contract number
0942
Awardee
Awarding agency
Obligated
$2,328,087

Award facts

Contract value 100% obligated
$2,328,086.60 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 · 7 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
West Point, NY 10996, USA

Award details come from SAM.gov/FPDS.

About this award

This federal contract award was made 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 $2,328,086.60, is a firm fixed price delivery order for the provision of raw gold. The award has no set-aside designation, indicating Coins 'N Things, Inc. competed for the contract on an unrestricted basis.

Coins 'N Things, Inc. is a long-standing vendor to the United States Mint, serving as the sole supplier of bullion coins to the federal government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the Mint, which enables the agency to issue delivery orders for raw silver on an as-needed basis to support its critical coin production and bullion programs. This latest award is aligned with Coins 'N Things, Inc.'s strategic role in providing raw precious metals to the United States Mint.

Quick answers

Who was awarded contract 0942?

0942 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on January 3, 2017.

How much is contract 0942 worth?

The government has obligated $2,328,087 on 0942.

Is contract 0942 an order under another contract?

Yes. 0942 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0942 competed?

The extent of competition for 0942 was full and open competition. The government received 7 offers.

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