Raw gold

Ended Awarded Last action

Contract number
0949
Awardee
Awarding agency
Obligated
$5,019,387

Award facts

Contract value 100% obligated
$5,019,387.32 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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
Additional Work (new agreement, FAR part 6 applies) 1 $488,898
Original award $4,530,489

About this award

This is a federal contract award to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, awarded by the United States Mint (an agency of the U.S. Department of the Treasury), is for the delivery of raw gold bullion. The contract has a ceiling value of $5,019,387.32 and a period of performance ending on February 15, 2017. The contract is a Firm Fixed Price Delivery Order, and it was not set aside for a specific business type.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company 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 to the agency on an as-needed basis through individual firm fixed price delivery orders.

Quick answers

Who was awarded contract 0949?

0949 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 7, 2017.

How much is contract 0949 worth?

The government has obligated $5,019,387 on 0949.

Is contract 0949 an order under another contract?

Yes. 0949 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0949 competed?

The extent of competition for 0949 was full and open competition. The government received 2 offers.

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