Raw gold

Ended Awarded

Contract number
0952
Awardee
Awarding agency
Obligated
$3,373,399

Award facts

Contract value 100% obligated
$3,373,398.67 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 federal contract award from 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 $3,373,398.67, is for the delivery of raw gold, a critical raw material used in the Mint's coin production programs. The contract is a firm fixed price delivery order with a performance period ending on February 15, 2017. Coins 'N Things, Inc. is an essential supplier of precious metal commodities to the United States Mint, holding a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract that provides raw silver and gold materials to support the agency's ongoing coin manufacturing and bullion programs. This contract award does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the United States government.

Quick answers

Who was awarded contract 0952?

0952 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 13, 2017.

How much is contract 0952 worth?

The government has obligated $3,373,399 on 0952.

Is contract 0952 an order under another contract?

Yes. 0952 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0952 competed?

The extent of competition for 0952 was full and open competition. The government received 2 offers.

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