Raw gold bullion (partial)

Ended Awarded Last action

Contract number
2031JG22F10435
Awardee
Awarding agency
Obligated
$5,229,327

Award facts

Contract value 100% obligated
$5,229,326.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Santa Monica, CA 90401, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 · Raw gold bullion $739,429
Original award $4,489,898

About this award

This federal contract award, TMHQ10C0040|2031JG22F10435, was issued by the United States Mint to A-Mark Precious Metals, Inc. for the delivery of raw gold bullion. The award, which has a ceiling value of $5,229,326.80, is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. This IDIQ contract enables the Mint to procure raw precious metal materials for the production of national coinage, commemorative coins, and investment-grade bullion products. The contract is a firm fixed-price arrangement, with an ultimate completion date of May 12, 2022. A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals, will be responsible for delivering the raw gold bullion from its facilities in Santa Monica and El Segundo, California.

Quick answers

Who was awarded contract 2031JG22F10435?

2031JG22F10435 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on March 28, 2022.

How much is contract 2031JG22F10435 worth?

The government has obligated $5,229,327 on 2031JG22F10435.

Is contract 2031JG22F10435 an order under another contract?

Yes. 2031JG22F10435 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG22F10435 competed?

The extent of competition for 2031JG22F10435 was full and open competition. The government received 3 offers.

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