Raw gold material

Ended Awarded

Contract number
0198
Awardee
Awarding agency
Obligated
$2,937,147

Award facts

Contract value 100% obligated
$2,937,146.75 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition · 7 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Santa Monica, CA 90401, USA

Award details come from SAM.gov/FPDS.

About this award

This federal contract award was issued by the United States Mint, a civilian agency, to A-Mark Precious Metals, Inc. The $2,937,146.75 fixed-price delivery order is for the supply of raw gold material. It is part of the larger Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract, which allows for rapid procurement of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products. This contract does not have a 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 U.S. Mint.

Quick answers

Who was awarded contract 0198?

0198 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on May 5, 2014.

How much is contract 0198 worth?

The government has obligated $2,937,147 on 0198.

Is contract 0198 an order under another contract?

Yes. 0198 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0198 competed?

The extent of competition for 0198 was full and open competition. The government received 7 offers.

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