Raw gold bullion

Ended Awarded

Contract number
2031JG22F51398
Awardee
Awarding agency
Obligated
$1,410,054

Award facts

Contract value 100% obligated
$1,410,053.76 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract, awarded to Stonex Financial LTD, a for-profit organization based in the United Kingdom, has a ceiling value of $1,410,053.76. The contract is a firm fixed price delivery order, without any set-aside designation.

Stonex Financial LTD, through this contract and other indefinite delivery vehicle (IDV) contracts, has become a critical supplier of precious metals such as gold, silver, and palladium to the United States Mint. The IDV contracts, including a $10 billion ceiling value contract for silver raw materials, enable the Mint to consistently source these critical raw materials from an international supplier to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51398?

2031JG22F51398 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 19, 2021.

How much is contract 2031JG22F51398 worth?

The government has obligated $1,410,054 on 2031JG22F51398.

Is contract 2031JG22F51398 an order under another contract?

Yes. 2031JG22F51398 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51398 competed?

The extent of competition for 2031JG22F51398 was full and open competition.

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