Raw gold
Ended Awarded Last action
- Contract number
- 0963
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $25,335,381
Award facts
- Contract value 100% obligated
- $25,335,380.54 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- West Point, NY 10996, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $12,157,197 | |
| Original award | $13,178,183 |
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, identified as TMHQ10C0044|0963, is for the delivery of raw gold to the United States Mint, a civilian agency of the U.S. government. The contract has a firm fixed price of $25,335,380.54 and was awarded on March 29, 2017, with an ultimate completion date of April 7, 2017. This is not a set-aside contract.
Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the United States Mint's coin production, serving as the sole supplier of bullion coins to the U.S. government. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, awarded on June 8, 2021, to provide raw silver and gold materials through December 31, 2040. Under this IDIQ vehicle, the company receives numerous firm fixed price delivery orders ranging from $4 million to $15.8 million to support the Mint's ongoing coin production and bullion programs.
Quick answers
Who was awarded contract 0963?
0963 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on March 29, 2017.
How much is contract 0963 worth?
The government has obligated $25,335,381 on 0963.
Is contract 0963 an order under another contract?
Yes. 0963 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0963 competed?
The extent of competition for 0963 was full and open competition. The government received 3 offers.
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