Raw gold material

Ended Awarded

Contract number
0658
Awardee
Awarding agency
Obligated
$1,603,301

Award facts

Contract value 100% obligated
$1,603,301.36 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 is for the delivery of raw gold material to the United States Mint, the civilian agency that produces coins and bullion for the U.S. government. The $1,603,301.36 firm fixed-price contract was awarded to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. A-Mark has established itself as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products through previous contract awards with the United States Mint. The raw gold material is to be delivered from A-Mark's facilities in Santa Monica and El Segundo, California. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 0658?

0658 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 14, 2016.

How much is contract 0658 worth?

The government has obligated $1,603,301 on 0658.

Is contract 0658 an order under another contract?

Yes. 0658 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0658 competed?

The extent of competition for 0658 was full and open competition. The government received 2 offers.

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