Raw gold material

Ended Awarded

Contract number
0654
Awardee
Awarding agency
Obligated
$1,550,010

Award facts

Contract value 100% obligated
$1,550,010.12 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|0654, was made by the United States Mint (an agency of the U.S. government's Department of the Treasury) to A-Mark Precious Metals, Inc., a for-profit organization. The contract is for the delivery of raw gold material, with a ceiling value of $1,550,010.12 and a completion date of November 28, 2016.

The contract was issued under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract, which enables the rapid procurement of raw precious metals for national coinage, commemorative coins, and investment-grade bullion products. As a critical supplier to the U.S. Mint, A-Mark Precious Metals has secured multiple high-value delivery orders under this IDIQ contract, typically ranging from $4 million to $8 million. Additionally, the company has secured other federal contracts, including a Blanket Purchase Agreement with the Defense Health Agency for ophthalmic products and services, and an Indefinite Delivery Contract with the Department of Veterans Affairs for prosthetic surgical implants, demonstrating its versatility in serving federal agencies beyond its core precious metals trading business.

Quick answers

Who was awarded contract 0654?

0654 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 14, 2016.

How much is contract 0654 worth?

The government has obligated $1,550,010 on 0654.

Is contract 0654 an order under another contract?

Yes. 0654 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0654 competed?

The extent of competition for 0654 was full and open competition. The government received 2 offers.

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