Silver raw material

Ended Awarded

Contract number
2031JG22F53012
Awardee
Awarding agency
Obligated
$12,992,942

Award facts

Contract value 100% obligated
$12,992,942.25 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331410 Nonferrous Metal (except Aluminum) Smelting and Refining
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
El Segundo, CA, USA

Award details come from SAM.gov/FPDS.

About this award

This is a federal contract award to A-Mark Precious Metals, Inc. for the delivery of silver raw material and silver bullion to the United States Mint, a civilian agency. The contract has a ceiling value of $12,992,942.25 and is a Firm Fixed Price Delivery Order with a final completion date of June 14, 2022. The contract is not a set-aside and is part of the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract held by A-Mark. Through this contract, A-Mark, a premier wholesaler and trading company specializing in precious metals, will provide the United States Mint with the necessary raw silver materials for national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 2031JG22F53012?

2031JG22F53012 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on June 13, 2022.

How much is contract 2031JG22F53012 worth?

The government has obligated $12,992,942 on 2031JG22F53012.

Is contract 2031JG22F53012 an order under another contract?

Yes. 2031JG22F53012 is a delivery order under 2031JG21D00020, an indefinite delivery contract.

Was contract 2031JG22F53012 competed?

The extent of competition for 2031JG22F53012 was full and open competition.

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