Raw gold material

Ended Awarded

Contract number
0636
Awardee
Awarding agency
Obligated
$3,438,199

Award facts

Contract value 100% obligated
$3,438,198.58 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, TMHQ10C0040|0636, was made by the United States Mint, a civilian agency, to A-Mark Precious Metals, Inc. The $3,438,198.58 firm fixed-price delivery order is for the provision of raw gold material under the Newly Mined U.S. Gold Bullion Bars 2013-2030 IDIQ contract. This IDIQ contract enables the Mint to rapidly procure precious metal raw materials for the production of national coinage, commemorative coins, and investment-grade bullion products. A-Mark, a premier wholesaler and trading company specializing in precious metals, has established itself as a critical supplier to the Mint through these types of federal contract awards, which typically range from $4 million to $8 million. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 0636?

0636 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on October 31, 2016.

How much is contract 0636 worth?

The government has obligated $3,438,199 on 0636.

Is contract 0636 an order under another contract?

Yes. 0636 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0636 competed?

The extent of competition for 0636 was full and open competition. The government received 2 offers.

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