Raw gold material

Ended Awarded

Contract number
0738
Awardee
Awarding agency
Obligated
$2,043,112

Award facts

Contract value 100% obligated
$2,043,111.61 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, with ID TMHQ10C0040|0738, was issued by the United States Mint (an agency of the U.S. government) to the prime contractor A-Mark Precious Metals, Inc. The contract is for the delivery of raw gold material, with a ceiling value of $2,043,111.61 and a period of performance ending on February 2, 2017.

The contract is a delivery order issued under the larger "Newly Mined U.S. Gold Bullion Bars 2013-2030" Indefinite Delivery/Indefinite Quantity (IDIQ) contract. This IDIQ contract is used by the United States Mint to procure raw gold and silver bullion for the production of national coinage, commemorative coins, and investment-grade bullion products.

The contract does not have a set-aside designation. A-Mark Precious Metals, Inc. is a for-profit organization that specializes in the wholesale trading of precious metals, with a focus on supplying raw materials to the United States Mint. The company operates through its A-Mark Precious Metals Inc. Division and does business as A-Mark.

Quick answers

Who was awarded contract 0738?

0738 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on January 23, 2017.

How much is contract 0738 worth?

The government has obligated $2,043,112 on 0738.

Is contract 0738 an order under another contract?

Yes. 0738 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 0738 competed?

The extent of competition for 0738 was full and open competition. The government received 2 offers.

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