Raw gold material

Ended Awarded

Contract number
2031JG18F10055
Awardee
Awarding agency
Obligated
$1,612,897

Award facts

Contract value 100% obligated
$1,612,897.08 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 is a $1,612,897.08 firm fixed-price delivery order contract awarded to A-Mark Precious Metals, Inc. by the United States Mint for the provision of raw gold material. The contract is under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract, which enables the Mint to rapidly procure raw precious metal supplies for U.S. coinage and bullion products. A-Mark Precious Metals is a premier wholesaler and trading company specializing in precious metals, with a focus on supplying raw gold and silver to the U.S. Mint. The contract does not have a socioeconomic set-aside designation. Performance will take place at A-Mark's facilities in Santa Monica and El Segundo, California, with a completion date of May 30, 2018.

Quick answers

Who was awarded contract 2031JG18F10055?

2031JG18F10055 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on May 17, 2018.

How much is contract 2031JG18F10055 worth?

The government has obligated $1,612,897 on 2031JG18F10055.

Is contract 2031JG18F10055 an order under another contract?

Yes. 2031JG18F10055 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG18F10055 competed?

The extent of competition for 2031JG18F10055 was full and open competition. The government received 2 offers.

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