Silver raw material

Ended Awarded

Contract number
2031JG23F53026
Awardee
Awarding agency
Obligated
$13,856,793

Award facts

Contract value 100% obligated
$13,856,793.49 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, for the delivery of silver raw material and silver bullion to the United States Mint. The contract has a ceiling value of $13,856,793.49 and is a Delivery Order contract with a Firm Fixed Price pricing type. The contract is not set aside and has an ultimate completion date of September 19, 2023. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals and has established itself as a critical supplier of raw materials for national coinage, commemorative coins, and investment-grade bullion products to the United States Mint. This contract award is part of the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract, under which A-Mark has previously secured delivery orders ranging from $4 million to $8 million for the delivery of raw gold and silver bullion.

Quick answers

Who was awarded contract 2031JG23F53026?

2031JG23F53026 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on September 12, 2023.

How much is contract 2031JG23F53026 worth?

The government has obligated $13,856,793 on 2031JG23F53026.

Is contract 2031JG23F53026 an order under another contract?

Yes. 2031JG23F53026 is a delivery order under 2031JG21D00020, an indefinite delivery contract.

Was contract 2031JG23F53026 competed?

The extent of competition for 2031JG23F53026 was full and open competition.

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