Raw gold material

Ended Awarded

Contract number
0659
Awardee
Awarding agency
Obligated
$4,320,500

Award facts

Contract value 100% obligated
$4,320,500.22 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 is a federal delivery order contract awarded by the United States Mint to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract is for the delivery of raw gold material, with an ultimate completion date of November 28, 2016, and a ceiling value of $4,320,500.22. The contract is a Firm Fixed Price type and is under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The place of performance is Santa Monica, California. A-Mark Precious Metals, Inc. is a for-profit organization that has established itself as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products through its federal contract awards with the United States Mint.

Quick answers

Who was awarded contract 0659?

0659 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 14, 2016.

How much is contract 0659 worth?

The government has obligated $4,320,500 on 0659.

Is contract 0659 an order under another contract?

Yes. 0659 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0659 competed?

The extent of competition for 0659 was full and open competition. The government received 2 offers.

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