Raw gold
Ended Awarded
- Contract number
- 0955
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,882,526
Award facts
- Contract value 100% obligated
- $5,882,525.95 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 federal contract was awarded by the United States Mint to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract, worth $5,882,525.95, is a Firm Fixed Price Delivery Order contract for the supply of raw gold. The contract has no set-aside designation, indicating Coins 'N Things, Inc. has a competitive position in the market for providing precious metals to support the Mint's coin production programs.
Coins 'N Things, Inc. holds a $10 billion Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract with the United States Mint, which enables the Mint to issue delivery orders for raw silver on an as-needed basis. Under this IDIQ contract, the company has received numerous task orders for raw silver deliveries, typically ranging from $4 million to $15.8 million. This IDIQ contract supports the Mint's critical mission of producing circulating coins, commemorative coins, and bullion programs, positioning Coins 'N Things, Inc. as an essential partner in the United States' coin manufacturing ecosystem.
Quick answers
Who was awarded contract 0955?
0955 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on February 16, 2017.
How much is contract 0955 worth?
The government has obligated $5,882,526 on 0955.
Is contract 0955 an order under another contract?
Yes. 0955 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0955 competed?
The extent of competition for 0955 was full and open competition. The government received 2 offers.
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