Raw gold bullion (complete)

Ended Awarded

Contract number
2031JG22F10428
Awardee
Awarding agency
Obligated
$5,079,815

Award facts

Contract value 100% obligated
$5,079,814.63 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 · 4 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|2031JG22F10428 is for the delivery of raw gold bullion to the United States Mint, a civilian agency. The contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract, with a ceiling value of $5,079,814.63. The prime contractor is A-Mark Precious Metals, Inc., a for-profit organization that specializes in precious metals trading and has established itself as a critical supplier of raw materials for national coinage and investment-grade bullion. The contract does not have a set-aside designation, and the place of performance is Santa Monica, California. A-Mark Precious Metals, Inc. has also secured other federal contracts, including a Blanket Purchase Agreement with the Defense Health Agency for ophthalmic products and services, and an Indefinite Delivery Contract with the Department of Veterans Affairs for prosthetic surgical implants.

Quick answers

Who was awarded contract 2031JG22F10428?

2031JG22F10428 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on February 14, 2022.

How much is contract 2031JG22F10428 worth?

The government has obligated $5,079,815 on 2031JG22F10428.

Is contract 2031JG22F10428 an order under another contract?

Yes. 2031JG22F10428 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG22F10428 competed?

The extent of competition for 2031JG22F10428 was full and open competition. The government received 4 offers.

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