Raw gold material

Ended Awarded

Contract number
2031JG18F10097
Awardee
Awarding agency
Obligated
$3,886,109

Award facts

Contract value 100% obligated
$3,886,109.12 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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, with ID TMHQ10C0040|2031JG18F10097, was issued by the United States Mint (UEI: CJZ8EW1Q7JJ6) to A-Mark Precious Metals, Inc. (A-Mark), a premier wholesaler and trading company specializing in precious metals. The $3,886,109.12 firm fixed-price delivery order is for the provision of raw gold material under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. This IDIQ contract, held by A-Mark, enables the rapid procurement of precious metal raw materials for the production of national coinage, commemorative coins, and investment-grade bullion products. A-Mark has a strong track record of supporting the United States Mint through these types of federal contract awards, typically ranging from $4 million to $8 million. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG18F10097?

2031JG18F10097 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on August 22, 2018.

How much is contract 2031JG18F10097 worth?

The government has obligated $3,886,109 on 2031JG18F10097.

Is contract 2031JG18F10097 an order under another contract?

Yes. 2031JG18F10097 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG18F10097 competed?

The extent of competition for 2031JG18F10097 was full and open competition. The government received 2 offers.

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