Raw gold

Ended Awarded

Contract number
0954
Awardee
Awarding agency
Obligated
$3,937,889

Award facts

Contract value 100% obligated
$3,937,889.21 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 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, valued at $3,937,889.21, is a Delivery Order contract with a Firm Fixed Price pricing type. The contract is for the provision of raw gold to the United States Mint, a civilian agency of the U.S. government. The contract has an ultimate completion date of February 21, 2017 and was awarded on February 16, 2017.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production programs, and holds a $10 billion Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract with the agency to provide raw silver and gold materials. This current award is likely a specific delivery order under that larger IDIQ vehicle. 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 0954?

0954 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 16, 2017.

How much is contract 0954 worth?

The government has obligated $3,937,889 on 0954.

Is contract 0954 an order under another contract?

Yes. 0954 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0954 competed?

The extent of competition for 0954 was full and open competition. The government received 2 offers.

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