Raw gold material

Ended Awarded

Contract number
0646
Awardee
Awarding agency
Obligated
$1,042,595

Award facts

Contract value 100% obligated
$1,042,595.17 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, with ID TMHQ10C0040|0646, 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. The contract has a ceiling value of $1,042,595.17 and was awarded on a firm-fixed-price basis, with a completion date of November 16, 2016. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, and this contract award demonstrates the company's role as a critical supplier of raw gold and silver bullion to the United States Mint. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 0646?

0646 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 3, 2016.

How much is contract 0646 worth?

The government has obligated $1,042,595 on 0646.

Is contract 0646 an order under another contract?

Yes. 0646 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0646 competed?

The extent of competition for 0646 was full and open competition. The government received 2 offers.

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