Raw gold bullion

Ended Awarded

Contract number
2031JG22F51424
Awardee
Awarding agency
Obligated
$3,693,877

Award facts

Contract value 100% obligated
$3,693,877.05 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $3,693,877.05 firm fixed price delivery order contract is for the supply of raw gold bullion. This award is associated with two larger indefinite delivery vehicle (IDV) contracts Stonex Financial LTD holds with the United States Mint, including a $10 billion IDV for silver raw materials and an IDV for raw gold bullion supply. The contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. This particular contract does not have a set-aside designation. The contract requires Stonex Financial LTD to deliver the raw gold bullion from its facilities in Great Britain to the United States Mint's production centers, with a performance period through December 2021.

Quick answers

Who was awarded contract 2031JG22F51424?

2031JG22F51424 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 22, 2021.

How much is contract 2031JG22F51424 worth?

The government has obligated $3,693,877 on 2031JG22F51424.

Is contract 2031JG22F51424 an order under another contract?

Yes. 2031JG22F51424 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51424 competed?

The extent of competition for 2031JG22F51424 was full and open competition.

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