Raw gold bullion (partial)
Ended Awarded Last action
- Contract number
- 2031JG24F10610
- Awardee
-
A-Mark Precious Metals, Inc. UEI CJZ8EW1Q7JJ6
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,463,043
Award facts
- Contract value 100% obligated
- $6,463,042.80 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- PSC
- 9660 Precious Metals Primary Forms
- 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 | $4,624,129 | |
| Original award | $1,838,914 |
About this award
This firm fixed price delivery order for $6,463,042.80 was awarded to A-Mark Precious Metals, Inc., operating as A-Mark Precious Metals Inc. Division, by the United States Mint, a civilian agency within the Department of the Treasury. The order is for the supply of raw gold bullion to support the Mint's ongoing production of circulating coins, commemorative issues, and investment-grade bullion products. This order is issued under the Newly Mined U.S. Gold Bullion Bars 2013-2030 multiple award IDIQ contract, which establishes A-Mark as a key supplier of precious metals to the U.S. government. Additionally, A-Mark holds a $10 billion basic ordering agreement to provide silver raw material to the Mint through December 2040, demonstrating the government's reliance on the company's specialized expertise and capacity in precious metals trading and supply. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F10610?
2031JG24F10610 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on July 9, 2024.
How much is contract 2031JG24F10610 worth?
The government has obligated $6,463,043 on 2031JG24F10610.
Is contract 2031JG24F10610 an order under another contract?
Yes. 2031JG24F10610 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.
Was contract 2031JG24F10610 competed?
The extent of competition for 2031JG24F10610 was full and open competition. The government received 4 offers.
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