Raw gold material

Ended Awarded Last action

Contract number
0706
Awardee
Awarding agency
Obligated
$3,262,111

Award facts

Contract value 100% obligated
$3,262,110.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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.

Transactions

Action Obligated Date
Funding Only Action 1 $936,139
Original award $2,325,972

About this award

This federal contract award is for the delivery of raw gold material to the United States Mint, a civilian agency. The contract, with a ceiling value of $3,262,110.80, was awarded to A-Mark Precious Metals, Inc., a for-profit organization, on December 13, 2016. The contract is a delivery order 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. There is no set-aside designation for this contract. 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. Through its federal contract awards, the company has established itself as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 0706?

0706 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 13, 2016.

How much is contract 0706 worth?

The government has obligated $3,262,111 on 0706.

Is contract 0706 an order under another contract?

Yes. 0706 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0706 competed?

The extent of competition for 0706 was full and open competition. The government received 2 offers.

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