Raw gold material

Ended Awarded

Contract number
0509
Awardee
Awarding agency
Obligated
$2,813,218

Award facts

Contract value 100% obligated
$2,813,218.43 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 · 2 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 is a federal contract award to A-Mark Precious Metals, Inc., a for-profit organization, for the delivery of raw gold material to the United States Mint. The award, valued at $2,813,218.43, is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. The 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 United States Mint. Through this award, the company will deliver raw gold material from its facilities in Santa Monica and El Segundo, California, to support the United States Mint's production of national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 0509?

0509 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on April 26, 2016.

How much is contract 0509 worth?

The government has obligated $2,813,218 on 0509.

Is contract 0509 an order under another contract?

Yes. 0509 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0509 competed?

The extent of competition for 0509 was full and open competition. The government received 2 offers.

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