Raw gold material

Ended Awarded

Contract number
0704
Awardee
Awarding agency
Obligated
$3,254,645

Award facts

Contract value 100% obligated
$3,254,644.75 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, ID TMHQ10C0040|0704, was made by the United States Mint to A-Mark Precious Metals, Inc. for the delivery of raw gold material. 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, with a ceiling value of $3,254,644.75. 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 United States Mint. The contract does not have a set-aside designation and the ultimate completion date is December 27, 2016. This award demonstrates A-Mark's established role as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products under the United States Mint's Newly Mined U.S. Gold Bullion Bars IDIQ contract.

Quick answers

Who was awarded contract 0704?

0704 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 13, 2016.

How much is contract 0704 worth?

The government has obligated $3,254,645 on 0704.

Is contract 0704 an order under another contract?

Yes. 0704 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0704 competed?

The extent of competition for 0704 was full and open competition. The government received 2 offers.

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