Provide raw gold.
Ended Awarded
- Contract number
- 0785
- Awardee
-
A-Mark Precious Metals, Inc. UEI CJZ8EW1Q7JJ6
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,499,710
Award facts
- Contract value 100% obligated
- $1,499,710.09 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- West Point, NY 10996, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award from the Department of the Treasury United States Mint is for the delivery of raw gold to the West Point, NY facility. The $1,499,710.09 contract was awarded to the prime contractor A-Mark Precious Metals, Inc., a for-profit organization that specializes in precious metals trading and storage. The contract is a delivery order issued against a larger Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract titled "Newly Mined U.S. Gold Bullion Bars 2013-2030," which provides A-Mark as the sole-source supplier of newly mined U.S. gold bullion to the Mint over an extended period. There is no set-aside designation for this award. A-Mark is expected to deliver the raw gold to the Mint's facility in West Point, NY within one to three weeks of order placement to align with the Mint's manufacturing needs for circulating coinage, commemorative coins, bullion, and other investment products.
Quick answers
Who was awarded contract 0785?
0785 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on July 3, 2017.
How much is contract 0785 worth?
The government has obligated $1,499,710 on 0785.
Is contract 0785 an order under another contract?
Yes. 0785 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.
Was contract 0785 competed?
The extent of competition for 0785 was full and open competition. The government received 1 offer.
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