Raw gold bullion

Ended Awarded

Contract number
2031JG22F51534
Awardee
Awarding agency
Obligated
$2,950,261

Award facts

Contract value 100% obligated
$2,950,260.90 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, valued at $2,950,260.90, was issued by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint.

The award is not associated with a set-aside designation and is a firm fixed price delivery order contract with a completion date of February 23, 2022. Stonex Financial LTD is the prime contractor and there are no major subcontractors mentioned.

This contract is part of the United States Mint's larger procurement strategy to maintain a steady and reliable supply of precious metals from international sources to support the agency's ongoing coin and medal production operations. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion.

Quick answers

Who was awarded contract 2031JG22F51534?

2031JG22F51534 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 15, 2022.

How much is contract 2031JG22F51534 worth?

The government has obligated $2,950,261 on 2031JG22F51534.

Is contract 2031JG22F51534 an order under another contract?

Yes. 2031JG22F51534 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51534 competed?

The extent of competition for 2031JG22F51534 was full and open competition.

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