Provide raw gold.

Ended Awarded Last action

Contract number
0670
Awardee
Awarding agency
Obligated
$1,521,644

Award facts

Contract value 38% obligated
$4,017,596.04 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
West Point, NY 10996, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action 500 $0
Original award $1,521,644

About this award

This federal contract award, TMHQ10C0040|0670, was made by the United States Mint (an agency of the Department of the Treasury) to A-Mark Precious Metals, Inc. to provide raw gold. The contract is a Firm Fixed Price Delivery Order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The award is for $4,017,596.04 and has a completion date of December 12, 2016. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, with a primary focus on supplying raw gold and silver bullion to the U.S. Mint. This contract supports the Mint's production of national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 0670?

0670 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on November 28, 2016.

How much is contract 0670 worth?

The government has obligated $1,521,644 on 0670. Its current value, with exercised options, is $4,017,596.

Is contract 0670 an order under another contract?

Yes. 0670 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0670 competed?

The extent of competition for 0670 was full and open competition. The government received 2 offers.

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