Raw gold bullion

Ended Awarded

Contract number
2031JG22F51485
Awardee
Awarding agency
Obligated
$2,979,606

Award facts

Contract value 100% obligated
$2,979,606.22 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, with an ID of 2031JG20D00010|2031JG22F51485, was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,979,606.22. This is a firm fixed price delivery order contract, with an ultimate completion date of February 2, 2022. Stonex Financial LTD does not have any set-aside designations for this award.

The contract is part of a larger indefinite delivery vehicle (IDV) contract worth up to $10 billion for silver raw materials, as well as another IDV for raw gold bullion, awarded to Stonex Financial LTD by the United States Mint. These strategic procurement agreements enable the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51485?

2031JG22F51485 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 19, 2022.

How much is contract 2031JG22F51485 worth?

The government has obligated $2,979,606 on 2031JG22F51485.

Is contract 2031JG22F51485 an order under another contract?

Yes. 2031JG22F51485 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51485 competed?

The extent of competition for 2031JG22F51485 was full and open competition.

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