Silver raw material

Ended Awarded

Contract number
2031JG23F53016
Awardee
Awarding agency
Obligated
$11,280,266

Award facts

Contract value 100% obligated
$11,280,266.24 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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., a for-profit organization, by the United States Mint, a civilian federal agency. The contract, identified as Delivery Order 2031JG23F53016 under a larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract, is for the supply of silver raw material and silver bullion. The contract has a ceiling value of $11,280,266.24 and an ultimate completion date of November 4, 2022. The contract is a Firm Fixed Price (FFP) type with no set-aside designation. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, with a primary focus on supplying raw gold and silver bullion to the United States Mint. This contract award is part of the company's broader work in supporting the production of national coinage, commemorative coins, and investment-grade bullion products for the federal government.

Quick answers

Who was awarded contract 2031JG23F53016?

2031JG23F53016 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on October 31, 2022.

How much is contract 2031JG23F53016 worth?

The government has obligated $11,280,266 on 2031JG23F53016.

Is contract 2031JG23F53016 an order under another contract?

Yes. 2031JG23F53016 is a delivery order under 2031JG21D00020, an indefinite delivery contract.

Was contract 2031JG23F53016 competed?

The extent of competition for 2031JG23F53016 was full and open competition.

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