Raw gold

Ended Awarded

Contract number
0984
Awardee
Awarding agency
Obligated
$4,301,072

Award facts

Contract value 100% obligated
$4,301,071.68 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

The U.S. Department of the Treasury's United States Mint awarded a firm-fixed-price delivery order contract to Coins 'N Things, Inc. (CNT) to provide raw gold bullion. The order, valued at $4,301,071.68, requires CNT to deliver the raw gold to the Mint's facility in Bridgewater, Massachusetts within a 1-7 day period of performance. This award is part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract between the Mint and CNT, with a potential value of $10 billion and ordering period through 2040. Under this IDIQ, the Mint has issued CNT numerous delivery orders for raw silver bullion as well. As the sole supplier of bullion coins to the United States, CNT provides a reliable supply of raw precious metal commodities to enable the Mint to meet its circulating and commemorative coinage mandates. This contract award does not have a set-aside designation.

Quick answers

Who was awarded contract 0984?

0984 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on September 26, 2017.

How much is contract 0984 worth?

The government has obligated $4,301,072 on 0984.

Is contract 0984 an order under another contract?

Yes. 0984 is a delivery order under TMHQ10C0044, an indefinite delivery contract.

Was contract 0984 competed?

The extent of competition for 0984 was full and open competition. The government received 2 offers.

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