Raw gold material

Ended Awarded

Contract number
0720
Awardee
Awarding agency
Obligated
$1,387,221

Award facts

Contract value 100% obligated
$1,387,221.34 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 · 7 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, with ID TMHQ10C0040|0720, is for the delivery of raw gold material to the United States Mint. The contract is a Delivery Order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract. The prime contractor is A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract has a ceiling value of $1,387,221.34 and a firm fixed price pricing type. The ultimate completion date is January 9, 2017, and the award date is December 28, 2016. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 0720?

0720 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 28, 2016.

How much is contract 0720 worth?

The government has obligated $1,387,221 on 0720.

Is contract 0720 an order under another contract?

Yes. 0720 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0720 competed?

The extent of competition for 0720 was full and open competition. The government received 7 offers.

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