Raw gold material

Ended Awarded

Contract number
0616
Awardee
Awarding agency
Obligated
$1,536,966

Award facts

Contract value 100% obligated
$1,536,966.48 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 Firm Fixed Price delivery order contract awarded by the United States Mint, a civilian agency, to A-Mark Precious Metals, Inc. The contract is for the delivery of raw gold material, with a ceiling value of $1,536,966.48 and a completion date of October 28, 2016. The contract is not set aside and is issued under the "Newly Mined U.S. Gold Bullion Bars 2013-2030" indefinite-delivery/indefinite-quantity (IDIQ) contract, which enables the procurement of newly mined domestic gold and silver bullion to support the U.S. Department of the Treasury's coin production requirements. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, with a significant focus on supplying raw gold and silver bullion to the United States Mint through federal contract awards.

Quick answers

Who was awarded contract 0616?

0616 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on October 17, 2016.

How much is contract 0616 worth?

The government has obligated $1,536,966 on 0616.

Is contract 0616 an order under another contract?

Yes. 0616 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0616 competed?

The extent of competition for 0616 was full and open competition. The government received 2 offers.

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