Raw gold material

Ended Awarded Last action

Contract number
0360
Awardee
Awarding agency
Obligated
$3,818,240

Award facts

Contract value 100% obligated
$3,818,240.31 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 · 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.

Transactions

Action Obligated Date
Funding Only Action 1 $2,840,485
Original award $977,755

About this award

This federal contract award to A-Mark Precious Metals, Inc. is for the delivery of raw gold material to the United States Mint. The contract has a ceiling value of $3,818,240.31 and is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. This IDIQ contract allows for the rapid procurement of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products. The award does not have a set-aside designation. A-Mark Precious Metals, Inc. is the prime contractor for this delivery order, which will be performed at their facilities in Santa Monica and El Segundo, California. As a leading supplier of precious metals to the U.S. Mint, A-Mark has established itself as a critical partner in supporting the agency's mandate to produce and distribute coins and bullion for the nation.

Quick answers

Who was awarded contract 0360?

0360 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on July 15, 2015.

How much is contract 0360 worth?

The government has obligated $3,818,240 on 0360.

Is contract 0360 an order under another contract?

Yes. 0360 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0360 competed?

The extent of competition for 0360 was full and open competition. The government received 7 offers.

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