Raw gold bullion (complete)

Ended Awarded Last action

Contract number
2031JG22F10468
Awardee
Awarding agency
Obligated
$2,723,820

Award facts

Contract value 100% obligated
$2,723,819.67 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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.

Transactions

Action Obligated Date
Other Administrative Action P00001 -$27,362
Original award $2,751,182

About this award

This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency. The award, valued at $2,723,819.67, was made to A-Mark Precious Metals, Inc., a premier precious metals wholesaler and trading company. The contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract, which allows for rapid procurement of raw gold and silver bullion for national coinage, commemorative coins, and investment-grade bullion products. A-Mark Precious Metals, Inc. has established itself as a critical supplier of precious metal raw materials to the United States Mint through its federal contract awards under this IDIQ. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F10468?

2031JG22F10468 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on September 26, 2022.

How much is contract 2031JG22F10468 worth?

The government has obligated $2,723,820 on 2031JG22F10468.

Is contract 2031JG22F10468 an order under another contract?

Yes. 2031JG22F10468 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG22F10468 competed?

The extent of competition for 2031JG22F10468 was full and open competition. The government received 2 offers.

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