Raw gold material

Ended Awarded

Contract number
0705
Awardee
Awarding agency
Obligated
$3,255,116

Award facts

Contract value 100% obligated
$3,255,116.30 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 contract was awarded to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract has a ceiling value of $3,255,116.30 and is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. The contract is for firm fixed-price delivery of the raw gold material from A-Mark's facilities in Santa Monica and El Segundo, California. This contract award demonstrates A-Mark's position as a critical supplier of precious metal raw materials for the United States Mint's national coinage, commemorative coins, and investment-grade bullion products. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 0705?

0705 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 13, 2016.

How much is contract 0705 worth?

The government has obligated $3,255,116 on 0705.

Is contract 0705 an order under another contract?

Yes. 0705 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0705 competed?

The extent of competition for 0705 was full and open competition. The government received 2 offers.

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