Raw gold material

Ended Awarded

Contract number
0698
Awardee
Awarding agency
Obligated
$1,885,878

Award facts

Contract value 100% obligated
$1,885,878.13 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 firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to A-Mark Precious Metals, Inc. The contract is for the supply of raw gold material, with a ceiling value of $1,885,878.13. The contract is part of the "Newly Mined U.S. Gold Bullion Bars 2013-2030" indefinite-delivery/indefinite-quantity (IDIQ) contract vehicle. This contract does not have a set-aside designation. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, with a significant focus on supplying raw gold and silver bullion to the United States Mint. The company has demonstrated extensive capabilities in providing raw precious metal materials to the U.S. Department of the Treasury through multiple federal contract awards.

Quick answers

Who was awarded contract 0698?

0698 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 8, 2016.

How much is contract 0698 worth?

The government has obligated $1,885,878 on 0698.

Is contract 0698 an order under another contract?

Yes. 0698 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0698 competed?

The extent of competition for 0698 was full and open competition. The government received 2 offers.

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