Raw gold material

Ended Awarded

Contract number
0527
Awardee
Awarding agency
Obligated
$4,144,196

Award facts

Contract value 100% obligated
$4,144,196.40 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 federal contract award to A-Mark Precious Metals, Inc. is for the delivery of raw gold material to the United States Mint. The $4,144,196.40 firm fixed-price contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. A-Mark Precious Metals, a for-profit organization, is a premier wholesaler and trader of precious metals with a focus on supplying raw gold and silver bullion to the Mint. The contract involves deliveries of raw precious metals from A-Mark's facilities in California. This contract award does not have a set-aside designation. A-Mark has also 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, demonstrating the company's broader capabilities in serving federal agencies beyond its core precious metals business.

Quick answers

Who was awarded contract 0527?

0527 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on May 20, 2016.

How much is contract 0527 worth?

The government has obligated $4,144,196 on 0527.

Is contract 0527 an order under another contract?

Yes. 0527 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0527 competed?

The extent of competition for 0527 was full and open competition. The government received 2 offers.

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