Raw gold bullion

Ended Awarded

Contract number
2031JG21F51150
Awardee
Awarding agency
Obligated
$3,894,138

Award facts

Contract value 100% obligated
$3,894,138.42 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331410 Nonferrous Metal (except Aluminum) Smelting and Refining
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This federal contract award was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $3,894,138.42 firm fixed price delivery order is for the supply of raw gold bullion. The contract has no set-aside designation.

This award appears to be part of two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The primary IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV is likely for raw gold bullion supply, though its specific ceiling value is not explicitly stated.

These IDV contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations. Stonex Financial LTD has become a critical vendor for the United States Mint, consistently delivering essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals.

Quick answers

Who was awarded contract 2031JG21F51150?

2031JG21F51150 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 23, 2021.

How much is contract 2031JG21F51150 worth?

The government has obligated $3,894,138 on 2031JG21F51150.

Is contract 2031JG21F51150 an order under another contract?

Yes. 2031JG21F51150 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51150 competed?

The extent of competition for 2031JG21F51150 was full and open competition.

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