Raw gold
Ended Awarded Last action
- Contract number
- 0975
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,978,997
Award facts
- Contract value 100% obligated
- $2,978,996.64 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 · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Bridgewater, MA 02324, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $2,978,997 |
About this award
This federal contract award, identified by the ID TMHQ10C0044|0975, was made by the United States Mint (a civilian agency) to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The $2,978,996.64 firm fixed price delivery order contract is for the provision of raw gold, with a performance period ending on July 18, 2017.
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. 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 raw silver and gold materials through December 31, 2040. This latest contract award, which was not set aside, is one of the numerous firm fixed price delivery orders issued under the larger IDIQ vehicle, enabling the Mint to procure raw precious metals on an as-needed basis to support its ongoing coin manufacturing operations.
Quick answers
Who was awarded contract 0975?
0975 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on July 6, 2017.
How much is contract 0975 worth?
The government has obligated $2,978,997 on 0975.
Is contract 0975 an order under another contract?
Yes. 0975 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0975 competed?
The extent of competition for 0975 was full and open competition. The government received 2 offers.
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