Raw gold bullion

Ended Awarded

Contract number
2031JG22F51429
Awardee
Awarding agency
Obligated
$3,680,615

Award facts

Contract value 100% obligated
$3,680,615.26 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 to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, is for the delivery of raw gold bullion to the United States Mint. The contract, which has a firm fixed price, is a delivery order with a ceiling value of $3,680,615.26. It was awarded on November 23, 2021, with a completion date of December 14, 2021. Stonex Financial LTD appears to be a key supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. These contracts enable the Mint to maintain a reliable supply of critical raw materials 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 2031JG22F51429?

2031JG22F51429 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 23, 2021.

How much is contract 2031JG22F51429 worth?

The government has obligated $3,680,615 on 2031JG22F51429.

Is contract 2031JG22F51429 an order under another contract?

Yes. 2031JG22F51429 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51429 competed?

The extent of competition for 2031JG22F51429 was full and open competition.

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