Raw gold

Ended Awarded Last action

Contract number
0973
Awardee
Awarding agency
Obligated
$12,815,732

Award facts

Contract value 100% obligated
$12,815,731.51 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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.

Transactions

Action Obligated Date
Funding Only Action 1 $7,446,604
Original award $5,369,127

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, valued at $12,815,731.51, was awarded on June 22, 2017 to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract has an ultimate completion date of July 10, 2017 and is a firm fixed price delivery order contract. Coins 'N Things, Inc. is a critical supplier of gold and silver bullion to the U.S. Mint, serving as the sole provider of raw precious metals for the agency's coin production programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, which allows for the flexible and rapid procurement of raw precious metals to support the Mint's ongoing coin and bullion programs. This contract award does not have a set-aside designation.

Quick answers

Who was awarded contract 0973?

0973 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on June 22, 2017.

How much is contract 0973 worth?

The government has obligated $12,815,732 on 0973.

Is contract 0973 an order under another contract?

Yes. 0973 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0973 competed?

The extent of competition for 0973 was full and open competition. The government received 2 offers.

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