Provide raw gold.

Ended Awarded

Contract number
2031JG19F10146
Awardee
Awarding agency
Obligated
$2,172,213

Award facts

Contract value 100% obligated
$2,172,212.71 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

The Department of the Treasury United States Mint awarded a firm fixed price delivery order contract to A-Mark Precious Metals, Inc. to provide raw gold. The contract has a potential value of $2,172,212.71 and a completion date of February 15, 2019. This order falls under a larger master indefinite-delivery/indefinite-quantity (IDIQ) contract established in 2013 that allows the Mint to acquire newly mined U.S. gold bullion bars from A-Mark through 2030. A-Mark is the sole-source provider of silver raw material to the Mint under a separate $10 billion basic ordering agreement that runs through 2040. The Mint utilizes the gold and silver provided by A-Mark to support the production of circulating coinage, commemorative coins, bullion, and investment products. This contract award does not indicate the use of any set-aside designations.

Quick answers

Who was awarded contract 2031JG19F10146?

2031JG19F10146 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on February 6, 2019.

How much is contract 2031JG19F10146 worth?

The government has obligated $2,172,213 on 2031JG19F10146.

Is contract 2031JG19F10146 an order under another contract?

Yes. 2031JG19F10146 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG19F10146 competed?

The extent of competition for 2031JG19F10146 was full and open competition. The government received 2 offers.

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