Raw gold material

Ended Awarded

Contract number
0707
Awardee
Awarding agency
Obligated
$1,406,746

Award facts

Contract value 100% obligated
$1,406,746.18 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 federal contract award to A-Mark Precious Metals, Inc. for the delivery of raw gold material to the United States Mint. The contract, valued at $1,406,746.18, is a delivery order issued under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. A-Mark Precious Metals, Inc. is a for-profit organization that specializes in the wholesale trading of precious metals, particularly gold and silver bullion, to the U.S. Mint. The contract does not have a set-aside designation. The contract requires the delivery of raw gold material to the agency's facility in Santa Monica, California, with a completion date of December 30, 2016.

Quick answers

Who was awarded contract 0707?

0707 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 16, 2016.

How much is contract 0707 worth?

The government has obligated $1,406,746 on 0707.

Is contract 0707 an order under another contract?

Yes. 0707 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0707 competed?

The extent of competition for 0707 was full and open competition. The government received 2 offers.

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