Silver raw material (partial)

Ended Awarded Last action

Contract number
2031JG23F53018
Awardee
Awarding agency
Obligated
$28,654,820

Award facts

Contract value 100% obligated
$28,654,819.91 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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.

Transactions

Action Obligated Date
Funding Only Action P00001 · Silver raw material (final) $14,276,567
Original award $14,378,253

About this award

This federal contract award is 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 $28,654,819.91 and was awarded to A-Mark Precious Metals, Inc., a for-profit organization. The contract is a delivery order with a firm fixed price pricing type and has an ultimate completion date of January 24, 2023. The contract is not set aside and is part of the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. 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. The company has also secured other federal healthcare contracts through its subsidiary AMO Sales And Service, Inc.

Quick answers

Who was awarded contract 2031JG23F53018?

2031JG23F53018 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on January 17, 2023.

How much is contract 2031JG23F53018 worth?

The government has obligated $28,654,820 on 2031JG23F53018.

Is contract 2031JG23F53018 an order under another contract?

Yes. 2031JG23F53018 is a delivery order under 2031JG21D00020, an indefinite delivery contract.

Was contract 2031JG23F53018 competed?

The extent of competition for 2031JG23F53018 was full and open competition.

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