Raw gold bullion

Ended Awarded

Contract number
2031JG24F10617
Awardee
Awarding agency
Obligated
$6,687,184

Award facts

Contract value 100% obligated
$6,687,184.42 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
Santa Monica, CA 90401, USA

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, a civilian agency within the Department of the Treasury. The contract has a ceiling value of $6,687,184.42 and is a delivery order issued under the "Newly Mined U.S. Gold Bullion Bars 2013-2030" multiple award indefinite-delivery/indefinite-quantity (IDIQ) contract. The prime contractor is A-Mark Precious Metals, Inc., which operates as the A-Mark Precious Metals Inc. Division and does business as A-Mark. This contract does not have a set-aside designation, and there are no identified subcontractors. A-Mark is a specialized supplier of precious metals to the U.S. government, particularly the United States Mint, and holds a $10 billion basic ordering agreement to provide silver raw material to the Mint through December 2040. These long-term agreements demonstrate the government's reliance on A-Mark's expertise and capacity to consistently supply high-quality precious metals for national coinage and bullion programs.

Quick answers

Who was awarded contract 2031JG24F10617?

2031JG24F10617 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on September 10, 2024.

How much is contract 2031JG24F10617 worth?

The government has obligated $6,687,184 on 2031JG24F10617.

Is contract 2031JG24F10617 an order under another contract?

Yes. 2031JG24F10617 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG24F10617 competed?

The extent of competition for 2031JG24F10617 was full and open competition. The government received 3 offers.

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