Newly Mined U.S. Gold Bullion Bars 2013-2030

Award Date 12/5/2005
Last Date To Order 12/30/2030
Shared Ceiling Not listed
Federal Agency
United States Mint
Contract Type
Master IDIQ
Predecessor
Not listed
Successors

The Newly Mined U.S. Gold Bullion Bars 2013-2030 is an indefinite-delivery/indefinite-quantity (IDIQ) master contract awarded by the United States Mint, a civilian agency under the Department of the Treasury, to procure newly mined domestic gold bullion for national coin production and numismatic programs. This multiple-award contract vehicle enables the Mint to issue firm fixed-price delivery orders for raw gold bullion as needed, ensuring a consistent supply of high-quality gold for manufacturing circulating coins, commemorative issues, and investment-grade bullion products. The contract spans from 2013 to 2030, providing a long-term strategic approach to securing essential raw materials for the nation's coinage needs.

The task orders under this IDIQ consistently demonstrate a pattern of awards to A-Mark Precious Metals, Inc., which appears to be the sole or primary contractor for gold bullion procurement. Delivery orders typically range from approximately $1.5 million to $8.5 million, with performance periods spanning one to two weeks and consistently occurring at A-Mark's facilities in Santa Monica and El Segundo, California. These orders are uniformly structured as firm fixed-price delivery orders, with no set-aside designations, reflecting the specialized nature of the procurement. The United States Mint has established this contract vehicle as a critical mechanism for maintaining a steady supply of domestically mined gold bullion, with delivery orders occurring on a frequent, recurring basis throughout each calendar year. A-Mark Precious Metals also holds a complementary $10 billion basic ordering agreement with the Treasury Department, further solidifying its role as a key supplier of precious metals for national coinage programs.

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