Raw gold bullion (complete)

Ended Awarded

Contract number
2031JG24F10604
Awardee
Awarding agency
Obligated
$7,680,155

Award facts

Contract value 100% obligated
$7,680,155.46 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This is a federal contract award to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The contract, valued at $7,680,155.46, is for the delivery of raw gold bullion to the United States Mint under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. The contract is a firm fixed-price delivery order with a completion date of June 18, 2024. A-Mark Precious Metals, Inc. has established itself as a critical supplier of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products through its federal contract awards. The company also holds two significant federal contract Indefinite Delivery Vehicles (IDVs) with the Defense Health Agency and the Department of Veterans Affairs for the provision of ophthalmic products, services, and surgical implants, demonstrating its versatility in serving federal agencies beyond its core precious metals trading business.

Quick answers

Who was awarded contract 2031JG24F10604?

2031JG24F10604 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on June 10, 2024.

How much is contract 2031JG24F10604 worth?

The government has obligated $7,680,155 on 2031JG24F10604.

Is contract 2031JG24F10604 an order under another contract?

Yes. 2031JG24F10604 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG24F10604 competed?

The extent of competition for 2031JG24F10604 was full and open competition. The government received 3 offers.

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