Raw gold

Ended Awarded

Contract number
0966
Awardee
Awarding agency
Obligated
$1,617,802

Award facts

Contract value 100% obligated
$1,617,802.02 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 firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is for the procurement of raw gold, with a ceiling value of $1,617,802.02. The award was made on April 26, 2017, with a completion date of May 2, 2017. This contract does not have a set-aside designation.

Coins 'N Things, Inc. is the sole supplier of bullion coins to the United States government, providing raw gold and silver bullion to support the Mint's coin production programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement for the procurement of raw precious metals. Under this IDIQ vehicle, Coins 'N Things receives numerous firm fixed-price delivery orders for the Mint's ongoing coin and bullion programs, positioning the company as an essential partner in the United States' coin manufacturing supply chain.

Quick answers

Who was awarded contract 0966?

0966 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on April 26, 2017.

How much is contract 0966 worth?

The government has obligated $1,617,802 on 0966.

Is contract 0966 an order under another contract?

Yes. 0966 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0966 competed?

The extent of competition for 0966 was full and open competition. The government received 2 offers.

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