Raw gold material

Ended Awarded

Contract number
0627
Awardee
Awarding agency
Obligated
$2,056,759

Award facts

Contract value 100% obligated
$2,056,759.11 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 is for the delivery of raw gold material to the United States Mint, the Civilian agency responsible for the production of U.S. coinage and precious metal bullion products. The contract, valued at $2,056,759.11, is a Delivery Order issued under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract. The prime contractor is A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract does not have a set-aside designation. A-Mark Precious Metals, Inc. has established itself as a critical supplier of raw gold and silver bullion to the United States Mint, providing high-value delivery orders to support the production of national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 0627?

0627 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on October 25, 2016.

How much is contract 0627 worth?

The government has obligated $2,056,759 on 0627.

Is contract 0627 an order under another contract?

Yes. 0627 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0627 competed?

The extent of competition for 0627 was full and open competition. The government received 2 offers.

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