Raw gold bullion

Ended Awarded

Contract number
2031JG22F51400
Awardee
Awarding agency
Obligated
$2,864,384

Award facts

Contract value 100% obligated
$2,864,383.51 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 was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.

The contract, valued at $2,864,383.51, is a firm fixed price delivery order without any set-aside designation. It is part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of raw gold bullion, with the specific ceiling value of the IDV not explicitly stated.

Through these IDV contracts, the United States Mint is able to maintain a steady and reliable supply of precious metals, including gold, silver, and palladium, from an international source to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51400?

2031JG22F51400 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 2, 2021.

How much is contract 2031JG22F51400 worth?

The government has obligated $2,864,384 on 2031JG22F51400.

Is contract 2031JG22F51400 an order under another contract?

Yes. 2031JG22F51400 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51400 competed?

The extent of competition for 2031JG22F51400 was full and open competition.

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