Raw gold material

Ended Awarded

Contract number
0245
Awardee
Awarding agency
Obligated
$3,471,456

Award facts

Contract value 100% obligated
$3,471,455.80 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • 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

Written by GovTribe AI ·

This federal contract award is for the delivery of RAW GOLD MATERIAL to the United States Mint, a civilian agency. The contract was awarded to A-Mark Precious Metals, Inc., a for-profit organization that specializes in wholesaling and trading precious metals. The award is a Delivery Order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract, with a Firm Fixed Price of $3,471,455.80 and an ultimate completion date of October 2, 2014. This award does not have a set-aside designation. A-Mark Precious Metals, Inc. is a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products to the United States Mint.

Quick answers

Who was awarded contract 0245?

0245 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on September 22, 2014.

How much is contract 0245 worth?

The government has obligated $3,471,456 on 0245.

Is contract 0245 an order under another contract?

Yes. 0245 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0245 competed?

The extent of competition for 0245 was full and open competition. The government received 7 offers.

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