Raw gold material

Ended Awarded

Contract number
0716
Awardee
Awarding agency
Obligated
$3,283,740

Award facts

Contract value 100% obligated
$3,283,739.98 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 firm fixed-price delivery order contract awarded by the United States Mint to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract, with a ceiling value of $3,283,739.98, is for the delivery of raw gold material under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. The contract has an ultimate completion date of January 3, 2017 and was awarded on December 19, 2016. There is no set-aside designation for this contract. 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 to the United States Mint.

Quick answers

Who was awarded contract 0716?

0716 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 19, 2016.

How much is contract 0716 worth?

The government has obligated $3,283,740 on 0716.

Is contract 0716 an order under another contract?

Yes. 0716 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0716 competed?

The extent of competition for 0716 was full and open competition. The government received 2 offers.

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