Raw gold bullion

Ended Awarded

Contract number
2031JG22F51425
Awardee
Awarding agency
Obligated
$3,587,087

Award facts

Contract value 100% obligated
$3,587,086.59 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
Fixed Price Award Fee
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 federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $3,587,086.59. It is a fixed price award fee contract type, with an ultimate completion date of December 14, 2021. This appears to be one of several delivery order contracts the United States Mint has awarded to Stonex Financial LTD, as the company holds two significant indefinite delivery vehicle (IDV) contracts with the agency for the supply of silver raw materials (up to $10 billion ceiling) and raw gold bullion. These IDVs enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F51425?

2031JG22F51425 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 23, 2021.

How much is contract 2031JG22F51425 worth?

The government has obligated $3,587,087 on 2031JG22F51425.

Is contract 2031JG22F51425 an order under another contract?

Yes. 2031JG22F51425 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51425 competed?

The extent of competition for 2031JG22F51425 was full and open competition.

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