Raw gold material

Ended Awarded

Contract number
2031JG18F10037
Awardee
Awarding agency
Obligated
$3,743,691

Award facts

Contract value 100% obligated
$3,743,691.31 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 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, valued at $3,743,691.31, 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. This IDIQ contract enables the U.S. Mint to rapidly procure raw gold and silver bullion for the production of national coinage, commemorative coins, and investment-grade bullion products. The award 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 U.S. Mint, with a history of delivering high-value orders ranging from $4 million to $8 million under this IDIQ contract.

Quick answers

Who was awarded contract 2031JG18F10037?

2031JG18F10037 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on April 19, 2018.

How much is contract 2031JG18F10037 worth?

The government has obligated $3,743,691 on 2031JG18F10037.

Is contract 2031JG18F10037 an order under another contract?

Yes. 2031JG18F10037 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG18F10037 competed?

The extent of competition for 2031JG18F10037 was full and open competition. The government received 2 offers.

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