Raw gold

Ended Awarded

Contract number
0951
Awardee
Awarding agency
Obligated
$3,977,274

Award facts

Contract value 100% obligated
$3,977,273.88 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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
West Point, NY 10996, USA

Award details come from SAM.gov/FPDS.

About this award

This is a $3,977,273.88 firm fixed price delivery order contract awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the delivery of raw gold to support the Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The contract does not have a set-aside designation.

Coins 'N Things, Inc. 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. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million to enable the Mint to rapidly procure critical raw materials to support its ongoing coin production and bullion programs.

Quick answers

Who was awarded contract 0951?

0951 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 13, 2017.

How much is contract 0951 worth?

The government has obligated $3,977,274 on 0951.

Is contract 0951 an order under another contract?

Yes. 0951 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0951 competed?

The extent of competition for 0951 was full and open competition. The government received 2 offers.

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