Raw gold

Ended Awarded

Contract number
0972
Awardee
Awarding agency
Obligated
$1,541,875

Award facts

Contract value 100% obligated
$1,541,875.23 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 was issued by the United States Mint, a civilian agency, to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $1,541,875.23 firm fixed price delivery order contract is for the procurement of raw gold, with a performance period ending on June 27, 2017. This award was not set aside for any specific business designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the United States Mint, serving as the sole provider of these raw precious metal commodities for the agency's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which provides a basic ordering agreement for the flexible, as-needed procurement of raw silver and gold materials to support the Mint's ongoing coin manufacturing operations.

Quick answers

Who was awarded contract 0972?

0972 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 20, 2017.

How much is contract 0972 worth?

The government has obligated $1,541,875 on 0972.

Is contract 0972 an order under another contract?

Yes. 0972 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0972 competed?

The extent of competition for 0972 was full and open competition. The government received 2 offers.

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