2031JG21D00020 - BASIC ORDERING AGREEMENT TO PROVIDE SILVER RAW MAT... | Federal Compass

2031JG21D00020 - BASIC ORDERING AGREEMENT TO PROVIDE SILVER RAW MAT...

Federal Contract Award Search » IDC Award - US Mint BOA for Raw Silver (2021)

This IDC contract for Industrial Products & Machinery > Industrial Products & Services was awarded in FY2021 on May 28, 2021 to PRECIOUS A-MARK METALS INC by US Mint. There have been $452.5M in obligations to date with a ceiling value of $10B, showing a 5% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received.

PRECIOUS A-MARK METALS INC is a contractor located in CA, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Treasury. The company receives $555.9M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

Read the full report


Contract Number
2031JG21D00020
Obligations to Date
$452.5M
Ceiling Value
$10B
Award Date
05/28/2021
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury » US Mint


Win More Federal Business

Imagine a world where every report, every insight is tailored specifically to you. Our entire platform is configured around your past performance so that everything is relevant.

Collaboration Stack

All the Right Tools

Business Development & Pipeline Management

We start with the largest federal opportunity database, including forecasts and re-competes, and add layer a suite of pipeline management tools.

Personalized Markets

Our market-centric platform adds context to every pursuit. Every opportunity, every report, tailored specifically to you.

Award Research & Market Intelligence

Find gaps in the market, identify key competitors and teaming partners, evaluate performance, and analyze pathways to new business.

Start Your Free Account Today

Gain Full Access to This Report and...
Contract Opportunities
Pipeline Management
Award Research
Funding Analysis
Partner Identification
Industry and Market Intel
Agency Spending Trends
Competitive Insights

Federal Compass is software designed for today’s federal market.

Explore how the right intel and process can help lead your team to greater success.

Create Free Account

Enjoy instant access to the Federal Compass platform

Task Order History

Task Order No. Contractor Obligations Effective Date
2031JG21F53001 A-MARK PRECIOUS METALS, INC. $16.3M 06/17/2021
2031JG21F53002 A-MARK PRECIOUS METALS, INC. $15.7M 07/13/2021
2031JG22F53003 A-MARK PRECIOUS METALS, INC. $13.5M 10/18/2021
2031JG22F53004 A-MARK PRECIOUS METALS, INC. $14.3M 10/28/2021
2031JG22F53005 A-MARK PRECIOUS METALS, INC. $13.9M 01/18/2022
2031JG22F53006 A-MARK PRECIOUS METALS, INC. $14.6M 01/24/2022
2031JG22F53007 A-MARK PRECIOUS METALS, INC. $15.6M 03/14/2022
2031JG22F53008 A-MARK PRECIOUS METALS, INC. $15.4M 03/21/2022
2031JG22F53009 A-MARK PRECIOUS METALS, INC. $15.4M 04/05/2022
2031JG22F53010 A-MARK PRECIOUS METALS, INC. $15.6M 04/20/2022
2031JG22F53011 A-MARK PRECIOUS METALS, INC. $13.7M 05/31/2022
2031JG22F53012 A-MARK PRECIOUS METALS, INC. $13M 06/13/2022
2031JG22F53013 A-MARK PRECIOUS METALS, INC. $13.1M 06/21/2022
2031JG22F53014 A-MARK PRECIOUS METALS, INC. $12.6M 06/27/2022
2031JG22F53015 A-MARK PRECIOUS METALS, INC. $12.1M 08/02/2022
2031JG23F53016 A-MARK PRECIOUS METALS, INC. $11.3M 10/31/2022
2031JG23F53017 A-MARK PRECIOUS METALS, INC. $14.1M 12/14/2022
2031JG23F53018 A-MARK PRECIOUS METALS, INC. $28.7M 01/17/2023
2031JG23F53019 A-MARK PRECIOUS METALS, INC. $14.8M 01/30/2023
2031JG23F53020 A-MARK PRECIOUS METALS, INC. $14.2M 02/06/2023

Contracting Resources