Raw gold material

Ended Awarded

Contract number
0714
Awardee
Awarding agency
Obligated
$1,407,014

Award facts

Contract value 100% obligated
$1,407,013.67 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 to A-Mark Precious Metals, Inc. is for the delivery of raw gold material to the United States Mint. The $1,407,013.67 firm fixed price contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. A-Mark Precious Metals 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. This contract, which does not have a set-aside designation, is for the delivery of the raw gold material to the agency's facilities in Santa Monica, California by January 3, 2017. A-Mark Precious Metals, Inc. has established itself as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products through its previous federal contract awards with the United States Mint.

Quick answers

Who was awarded contract 0714?

0714 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 19, 2016.

How much is contract 0714 worth?

The government has obligated $1,407,014 on 0714.

Is contract 0714 an order under another contract?

Yes. 0714 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0714 competed?

The extent of competition for 0714 was full and open competition. The government received 2 offers.

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