Raw gold bullion

Ended Awarded

Contract number
2031JG22F51549
Awardee
Awarding agency
Obligated
$4,241,439

Award facts

Contract value 100% obligated
$4,241,438.95 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 $4,241,438.95, was issued by the United States Mint (U.S. 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, with a performance period through March 4, 2022.

The contract is a firm fixed price delivery order, without any set-aside designation. Stonex Financial LTD appears to be an established supplier of precious metals to the U.S. Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts by the agency, including a $10 billion IDV for silver raw materials and another IDV for raw gold bullion. These IDVs enable the U.S. Mint to maintain a reliable supply of critical raw materials from an international source, supporting the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51549?

2031JG22F51549 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 18, 2022.

How much is contract 2031JG22F51549 worth?

The government has obligated $4,241,439 on 2031JG22F51549.

Is contract 2031JG22F51549 an order under another contract?

Yes. 2031JG22F51549 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51549 competed?

The extent of competition for 2031JG22F51549 was full and open competition.

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