Raw gold bullion

Ended Awarded

Contract number
2031JG25F10624
Awardee
Awarding agency
Obligated
$7,041,379

Award facts

Contract value 100% obligated
$7,041,378.72 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 is a federal contract award to A-Mark Precious Metals, Inc., a for-profit organization that specializes in the wholesale trading and supply of precious metals. The contract, valued at $7,041,378.72, is a delivery order issued under the Newly Mined U.S. Gold Bullion Bars 2013-2030 indefinite-delivery/indefinite-quantity (IDIQ) contract. The award is for the delivery of raw gold bullion to the United States Mint, a civilian agency. The contract has an ultimate completion date of October 29, 2024 and was awarded on October 15, 2024. There is no set-aside designation for this contract. In addition to its precious metals trading business, A-Mark Precious Metals, Inc. has also secured federal healthcare contracts through its subsidiary AMO Sales And Service, Inc., including a Blanket Purchase Agreement with the Defense Health Agency and an Indefinite Delivery Contract with the Department of Veterans Affairs.

Quick answers

Who was awarded contract 2031JG25F10624?

2031JG25F10624 was awarded to A-Mark Precious Metals, Inc. by United States Mint (Department of the Treasury) on October 15, 2024.

How much is contract 2031JG25F10624 worth?

The government has obligated $7,041,379 on 2031JG25F10624.

Is contract 2031JG25F10624 an order under another contract?

Yes. 2031JG25F10624 is a delivery order under TMHQ10C0040, an indefinite delivery contract, on Newly Mined U.S. Gold Bullion Bars 2013-2030.

Was contract 2031JG25F10624 competed?

The extent of competition for 2031JG25F10624 was full and open competition. The government received 3 offers.

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