Raw gold material

Ended Awarded

Contract number
0657
Awardee
Awarding agency
Obligated
$1,664,483

Award facts

Contract value 100% obligated
$1,664,482.82 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 is a federal contract award to A-Mark Precious Metals, Inc., a for-profit organization that specializes in the wholesale trading of precious metals. The contract, valued at $1,664,482.82, is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, a civilian agency. The contract is for the delivery of raw gold material, with an ultimate completion date of November 28, 2016. A-Mark Precious Metals, Inc. has previously 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. This award demonstrates A-Mark's role as a critical supplier of precious metals, particularly gold, to the United States Mint for the production of national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 0657?

0657 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 14, 2016.

How much is contract 0657 worth?

The government has obligated $1,664,483 on 0657.

Is contract 0657 an order under another contract?

Yes. 0657 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0657 competed?

The extent of competition for 0657 was full and open competition. The government received 3 offers.

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