Raw gold material

Ended Awarded

Contract number
0638
Awardee
Awarding agency
Obligated
$1,043,217

Award facts

Contract value 100% obligated
$1,043,216.58 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|0638 is for the delivery of raw gold material to the United States Mint, a civilian agency within the Department of the Treasury. The $1,043,216.58 firm fixed-price delivery order was awarded to A-Mark Precious Metals, Inc., a for-profit company that specializes in precious metals trading and supply. The contract is under the broader Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract, which allows the Mint to rapidly procure raw gold and silver as needed for the production of national coinage, commemorative coins, and investment-grade bullion products. This specific award is not designated as a set-aside contract. A-Mark Precious Metals, Inc. has established itself as a critical supplier of precious metal raw materials to the United States Mint through its performance on previous delivery orders under this IDIQ contract.

Quick answers

Who was awarded contract 0638?

0638 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 3, 2016.

How much is contract 0638 worth?

The government has obligated $1,043,217 on 0638.

Is contract 0638 an order under another contract?

Yes. 0638 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0638 competed?

The extent of competition for 0638 was full and open competition. The government received 2 offers.

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