Raw gold bullion

Ended Awarded

Contract number
2031JG22F51410
Awardee
Awarding agency
Obligated
$4,151,094

Award facts

Contract value 100% obligated
$4,151,094.37 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, valued at $4,151,094.37, was issued by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations.

The contract is a firm fixed price delivery order and is not designated as a set-aside. Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million, for the supply of precious metals including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing production requirements.

Quick answers

Who was awarded contract 2031JG22F51410?

2031JG22F51410 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 8, 2021.

How much is contract 2031JG22F51410 worth?

The government has obligated $4,151,094 on 2031JG22F51410.

Is contract 2031JG22F51410 an order under another contract?

Yes. 2031JG22F51410 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51410 competed?

The extent of competition for 2031JG22F51410 was full and open competition.

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