Silver raw material

Ended Awarded

Contract number
2031JG24F53031
Awardee
Awarding agency
Obligated
$15,263,291

Award facts

Contract value 100% obligated
$15,263,291.33 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., a for-profit organization, for the supply of SILVER RAW MATERIAL to the United States Mint, a civilian agency. The contract has a ceiling value of $15,263,291.33 and is a Delivery Order under a larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The contract is for a firm fixed price and has an ultimate completion date of March 29, 2024. The place of performance is El Segundo, CA. A-Mark Precious Metals, Inc. is an established supplier of precious metal raw materials to the U.S. Mint and has secured other federal contracts, including a Blanket Purchase Agreement with the Defense Health Agency for ophthalmic products and services, and an Indefinite Delivery Contract with the Department of Veterans Affairs for prosthetic surgical implants. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F53031?

2031JG24F53031 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on March 18, 2024.

How much is contract 2031JG24F53031 worth?

The government has obligated $15,263,291 on 2031JG24F53031.

Is contract 2031JG24F53031 an order under another contract?

Yes. 2031JG24F53031 is a delivery order under 2031JG21D00020, an indefinite delivery contract.

Was contract 2031JG24F53031 competed?

The extent of competition for 2031JG24F53031 was full and open competition.

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