Raw gold material

Ended Awarded

Contract number
2031JG18F10070
Awardee
Awarding agency
Obligated
$4,078,757

Award facts

Contract value 100% obligated
$4,078,757.43 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 TMHQ10C0040|2031JG18F10070 is for the delivery of raw gold material to the United States Mint, a civilian agency under the Department of the Treasury. The contract, valued at $4,078,757.43, was awarded to A-Mark Precious Metals, Inc., a for-profit organization that specializes in precious metals trading. The contract is a delivery order 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 gold and silver bullion as needed. A-Mark Precious Metals, Inc. has established itself as a critical supplier of precious metals to the Mint, consistently securing multi-million dollar delivery orders under this IDIQ contract. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG18F10070?

2031JG18F10070 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on June 25, 2018.

How much is contract 2031JG18F10070 worth?

The government has obligated $4,078,757 on 2031JG18F10070.

Is contract 2031JG18F10070 an order under another contract?

Yes. 2031JG18F10070 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG18F10070 competed?

The extent of competition for 2031JG18F10070 was full and open competition. The government received 2 offers.

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