Raw gold

Ended Awarded

Contract number
0958
Awardee
Awarding agency
Obligated
$1,498,790

Award facts

Contract value 100% obligated
$1,498,789.60 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 federal contract award is for the delivery of raw gold to the United States Mint, a civilian agency of the U.S. government. The contract was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, with expertise in providing precious metal commodities to the Mint.

The contract has a ceiling value of $1,498,789.60 and is a delivery order under a larger multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract valued at $10 billion, which was awarded to Coins 'N Things in June 2021. This IDIQ contract serves as a basic ordering agreement to provide raw silver and gold materials to the Mint through firm fixed price delivery orders, enabling the agency to procure critical raw materials to support its ongoing coin production and bullion programs. The current award 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 0958?

0958 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 10, 2017.

How much is contract 0958 worth?

The government has obligated $1,498,790 on 0958.

Is contract 0958 an order under another contract?

Yes. 0958 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0958 competed?

The extent of competition for 0958 was full and open competition. The government received 2 offers.

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