Raw gold material
Ended Awarded Last action
- Contract number
- 0570
- Awardee
-
A-Mark Precious Metals, Inc. UEI CJZ8EW1Q7JJ6
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,086,536
Award facts
- Contract value 100% obligated
- $3,086,536.21 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $53,222 | |
| Original award | $3,033,314 |
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, valued at $3,086,536.21, 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, 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. This contract does not have a set-aside designation. The contract involves the delivery of raw gold bullion from A-Mark's facilities in Santa Monica and El Segundo, California to the United States Mint. Additionally, A-Mark Precious Metals, Inc. holds other federal contract vehicles with the Defense Health Agency and Department of Veterans Affairs for the provision of ophthalmic products, services, and prosthetic surgical implants, demonstrating the company's versatility in serving federal agencies beyond its core precious metals trading business.
Quick answers
Who was awarded contract 0570?
0570 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on July 26, 2016.
How much is contract 0570 worth?
The government has obligated $3,086,536 on 0570.
Is contract 0570 an order under another contract?
Yes. 0570 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.
Was contract 0570 competed?
The extent of competition for 0570 was full and open competition. The government received 2 offers.
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