Raw gold bullion (complete)

Ended Awarded Last action

Contract number
2031JG24F10585
Awardee
Awarding agency
Obligated
$5,470,102

Award facts

Contract value 100% obligated
$5,470,101.63 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 · 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.

Transactions

Action Obligated Date
Funding Only Action P00001 $1,531,421
Original award $3,938,681

About this award

This federal contract award TMHQ10C0040|2031JG24F10585 is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals, on December 4, 2023 with a ceiling value of $5,470,101.63. 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 rapid procurement of raw gold and silver bullion for national coinage, commemorative coins, and investment-grade bullion products. The contract has a firm fixed price and an ultimate completion date of January 12, 2024. This contract award does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F10585?

2031JG24F10585 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on December 4, 2023.

How much is contract 2031JG24F10585 worth?

The government has obligated $5,470,102 on 2031JG24F10585.

Is contract 2031JG24F10585 an order under another contract?

Yes. 2031JG24F10585 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG24F10585 competed?

The extent of competition for 2031JG24F10585 was full and open competition. The government received 4 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