Raw gold material

Ended Awarded

Contract number
2031JG18F10028
Awardee
Awarding agency
Obligated
$2,228,421

Award facts

Contract value 100% obligated
$2,228,421.44 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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, valued at $2,228,421.44, was issued by the United States Mint to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract is a delivery order under the larger Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract, which is used by the United States Mint to procure raw gold material for national coinage, commemorative coins, and investment-grade bullion products. This specific award is for the delivery of raw gold material, with a period of performance ending on February 20, 2018. The contract does not have a set-aside designation. A-Mark Precious Metals, Inc. has established itself as a critical supplier of precious metal raw materials to the United States Mint through this and other similar federal contract awards, typically ranging from $4 million to $8 million in value.

Quick answers

Who was awarded contract 2031JG18F10028?

2031JG18F10028 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on February 6, 2018.

How much is contract 2031JG18F10028 worth?

The government has obligated $2,228,421 on 2031JG18F10028.

Is contract 2031JG18F10028 an order under another contract?

Yes. 2031JG18F10028 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG18F10028 competed?

The extent of competition for 2031JG18F10028 was full and open competition. The government received 2 offers.

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