Mint MAC gold bullion: this is a basic ordering agreement to purchase newly mined united states gold bullion bars.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- TMHQ10C0044
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 1,773 $11,876,614,890 obligated
Award facts
- Combined order value
- $11,893,672,725 Current and potential, with all options
- Last date to order 82% complete
- IDV ceiling 79% used
- $15,000,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Contracting staff
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Department of the Treasury United States Mint has awarded Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, a series of firm fixed-price delivery order contracts to provide raw gold bullion. These contracts, valued at up to $10 billion in total, are part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract that Coins 'N Things holds with the Mint. The IDIQ serves as a basic ordering agreement, enabling the Mint to issue delivery orders to Coins 'N Things on an as-needed basis to procure critical raw materials, including gold and silver bullion, to support the agency's coin production and bullion programs. The delivery orders, ranging from $4 million to $15.8 million, do not utilize any set-aside designations, indicating Coins 'N Things' competitive positioning as the sole supplier of bullion coins to the United States government. The raw precious metals delivered under these contracts are used by the Mint to manufacture circulating coins, commemorative coins, and bullion products for the American public.
Coins 'N Things, Inc. plays a vital role in the United States' coin manufacturing supply chain, serving as the prime contractor and sole supplier of gold and silver bullion to the United States Mint. Through the multiple-award IDIQ contract, the Mint can rapidly procure raw materials from Coins 'N Things to maintain continuous production of official U.S. coinage and bullion. This contract award positions Coins 'N Things as an essential partner for the Mint in fulfilling its mission of producing high-quality coins and precious metal products for the American public.
Task orders
Show 40 more
Latest 50 of 1,773 listed here. See the rest on GovTribe.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $10,000,000,000 |
Quick answers
Who was awarded contract TMHQ10C0044?
TMHQ10C0044 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on May 14, 2010.
How much is contract TMHQ10C0044 worth?
Orders under TMHQ10C0044 have obligated $11,876,614,890. Their combined current value, with exercised options, is $11,893,672,725. TMHQ10C0044's own ceiling is $15,000,000,000.
How many orders have been placed under contract TMHQ10C0044?
1,773 orders have been placed under TMHQ10C0044, the latest on February 5, 2025.
Who can order from contract TMHQ10C0044?
TMHQ10C0044 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract TMHQ10C0044 competed?
The extent of competition for TMHQ10C0044 was full and open competition. The government received 3 offers.
On GovTribe
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