Raw gold bullion

Ended Awarded

Contract number
2031JG22F51407
Awardee
Awarding agency
Obligated
$4,233,583

Award facts

Contract value 100% obligated
$4,233,582.69 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 to Stonex Financial LTD, a for-profit international organization based in London, UK, is for the delivery of raw gold bullion to the United States Mint. The contract, valued at $4,233,582.69, is a firm fixed price delivery order that was awarded on November 8, 2021, with a completion date of November 18, 2021. The contract does not have a set-aside designation.

Stonex Financial LTD is a key supplier of precious metals, including gold, silver, and palladium, to the United States government. The company holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51407?

2031JG22F51407 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 8, 2021.

How much is contract 2031JG22F51407 worth?

The government has obligated $4,233,583 on 2031JG22F51407.

Is contract 2031JG22F51407 an order under another contract?

Yes. 2031JG22F51407 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51407 competed?

The extent of competition for 2031JG22F51407 was full and open competition.

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