Raw gold material

Ended Awarded

Contract number
0642
Awardee
Awarding agency
Obligated
$1,041,088

Award facts

Contract value 100% obligated
$1,041,088.34 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 · 3 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, with a ceiling value of $1,041,088.34, was issued by the United States Mint to A-Mark Precious Metals, Inc. for the delivery of raw gold material. The contract is a Delivery Order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite Delivery/Indefinite Quantity (IDIQ) contract, which enables the Mint to rapidly procure precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products. As a premier wholesaler and trading company specializing in precious metals, A-Mark Precious Metals has established itself as a critical supplier to the Mint. This contract does not have a set-aside designation. The award has an ultimate completion date of November 16, 2016.

Quick answers

Who was awarded contract 0642?

0642 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 3, 2016.

How much is contract 0642 worth?

The government has obligated $1,041,088 on 0642.

Is contract 0642 an order under another contract?

Yes. 0642 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0642 competed?

The extent of competition for 0642 was full and open competition. The government received 3 offers.

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