Raw gold

Ended Awarded

Contract number
0979
Awardee
Awarding agency
Obligated
$2,622,410

Award facts

Contract value 100% obligated
$2,622,410.06 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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
Bridgewater, MA 02324, USA

Award details come from SAM.gov/FPDS.

About this award

This federal contract award, with ID TMHQ10C0044|0979, 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 $2,622,410.06 firm fixed price delivery order contract is for the provision of raw gold, and does not have a set-aside designation.

Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. 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 in June 2021, which enables the agency to procure raw precious metals on an as-needed basis to support its ongoing coin and bullion programs. This specific delivery order contract is one of many such short-term (1-14 day) awards made under the larger IDIQ vehicle, reflecting the Mint's reliance on Coins 'N Things as an essential partner in the U.S. coin manufacturing supply chain.

Quick answers

Who was awarded contract 0979?

0979 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on August 9, 2017.

How much is contract 0979 worth?

The government has obligated $2,622,410 on 0979.

Is contract 0979 an order under another contract?

Yes. 0979 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0979 competed?

The extent of competition for 0979 was full and open competition. The government received 2 offers.

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