Raw gold bullion

Ended Awarded Last action

Contract number
2031JG24F10603
Awardee
Awarding agency
Obligated
$7,590,537

Award facts

Contract value 100% obligated
$7,590,537.19 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 $6,607,998
Original award $982,540

About this award

This federal contract award, valued at $7,590,537.19, was issued by the United States Mint 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 Mint to rapidly procure raw gold bullion. A-Mark Precious Metals, Inc. operates through its A-Mark Precious Metals Inc. Division and does business as A-Mark. The contract does not have a set-aside designation and is for the delivery of raw gold bullion to the Mint's facilities in Santa Monica, California, with a completion date of June 18, 2024. This award demonstrates A-Mark's role as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products.

Quick answers

Who was awarded contract 2031JG24F10603?

2031JG24F10603 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on May 28, 2024.

How much is contract 2031JG24F10603 worth?

The government has obligated $7,590,537 on 2031JG24F10603.

Is contract 2031JG24F10603 an order under another contract?

Yes. 2031JG24F10603 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG24F10603 competed?

The extent of competition for 2031JG24F10603 was full and open competition. The government received 3 offers.

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