Raw gold bullion

Ended Awarded

Contract number
2031JG22F51422
Awardee
Awarding agency
Obligated
$2,121,275

Award facts

Contract value 100% obligated
$2,121,275.29 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 is a firm-fixed-price delivery order with a ceiling value of $2,121,275.29 and an ultimate completion date of November 23, 2021.

Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of silver raw materials and raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations. The contracts do not have any set-aside designations.

Quick answers

Who was awarded contract 2031JG22F51422?

2031JG22F51422 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 15, 2021.

How much is contract 2031JG22F51422 worth?

The government has obligated $2,121,275 on 2031JG22F51422.

Is contract 2031JG22F51422 an order under another contract?

Yes. 2031JG22F51422 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51422 competed?

The extent of competition for 2031JG22F51422 was full and open competition.

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