Bulk amorphous metals (BAMs) are an interesting class of new materials possessing unique properties that offer exciting possibilities for applications to a broad range of technologies. In contrast to the previous generation of amorphous metals, BAMs can be produced in bulk form at cooling rates as low as ϳ1 K/s. The understanding of the structure, properties, and required cooling rates for BAM formation is hindered by the large number of constituents in typical alloys. In this article, we present the results of first principles local density approximation studies of the electronic structure and energetics of model Ni-Pd-P, Zr-Ni-Cu, and Zr-Ni-Al amorphous alloys that relate to two of the simplest BAMs, namely, Ni 0.4 Pd 0.4 P 0.2 and Zr 0.6 Al 0.15 Ni 0.25 . The calculations are based on large unit cell (ϳ300-atom) structural models for which the electronic structure is calculated using the first principles order-N locally self-consistent multiple scattering method.