Raw gold bullion, partial

Ended Awarded Last action

Contract number
2031JG24F10618
Awardee
Awarding agency
Obligated
$6,650,329

Award facts

Contract value 100% obligated
$6,650,329.33 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 · 2 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 · Raw gold bullion $1,873,930
Original award $4,776,399

About this award

This federal contract award, with a ceiling value of $6,650,329.33, was issued by the United States Mint to A-Mark Precious Metals, Inc. for the delivery of raw gold bullion. The contract is a delivery order under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract, which is a larger vehicle that allows for the procurement of precious metal raw materials for national coinage, commemorative coins, and investment-grade bullion products. The award does not have a set-aside designation. A-Mark Precious Metals, Inc. is a premier wholesaler and trading company specializing in precious metals, with a primary focus on supplying raw gold and silver bullion to the United States Mint. Beyond its core precious metals trading business, the company has also secured federal healthcare contracts through its subsidiary AMO Sales And Service, Inc., providing specialized ophthalmic equipment, medical devices, and maintenance services to agencies such as the Department of Veterans Affairs and the Defense Health Agency.

Quick answers

Who was awarded contract 2031JG24F10618?

2031JG24F10618 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on September 10, 2024.

How much is contract 2031JG24F10618 worth?

The government has obligated $6,650,329 on 2031JG24F10618.

Is contract 2031JG24F10618 an order under another contract?

Yes. 2031JG24F10618 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG24F10618 competed?

The extent of competition for 2031JG24F10618 was full and open competition. The government received 2 offers.

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