Raw gold bullion (complete)

Ended Awarded

Contract number
2031JG23F10507
Awardee
Awarding agency
Obligated
$5,490,571

Award facts

Contract value 100% obligated
$5,490,571.46 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 · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Santa Monica, CA 90401, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for the delivery of raw gold bullion to the United States Mint, the civilian agency responsible for the production of U.S. coins and medals. The contract, with a ceiling value of $5,490,571.46, was awarded to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract, which enables the rapid procurement of raw gold and silver bullion for national coinage, commemorative coins, and investment-grade bullion products. This contract does not have a set-aside designation, and the place of performance is Santa Monica, California. A-Mark Precious Metals, Inc. is a for-profit organization that has established itself as a critical supplier of precious metal raw materials to the United States Mint through multiple federal contract awards.

Quick answers

Who was awarded contract 2031JG23F10507?

2031JG23F10507 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on April 24, 2023.

How much is contract 2031JG23F10507 worth?

The government has obligated $5,490,571 on 2031JG23F10507.

Is contract 2031JG23F10507 an order under another contract?

Yes. 2031JG23F10507 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG23F10507 competed?

The extent of competition for 2031JG23F10507 was full and open competition. The government received 3 offers.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award