Raw gold bullion

Ended Awarded

Contract number
2031JG22F51554
Awardee
Awarding agency
Obligated
$4,592,503

Award facts

Contract value 100% obligated
$4,592,502.72 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 contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract, valued at $4,592,502.72, was awarded on March 14, 2022 to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is a firm fixed price delivery order with a completion date of March 22, 2022. Stonex Financial LTD appears to be a key supplier of precious metals to the U.S. Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts for raw silver and gold materials with ceiling values up to $10 billion. These contracts allow the Mint to maintain a reliable supply of critical raw materials from an international source to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F51554?

2031JG22F51554 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 14, 2022.

How much is contract 2031JG22F51554 worth?

The government has obligated $4,592,503 on 2031JG22F51554.

Is contract 2031JG22F51554 an order under another contract?

Yes. 2031JG22F51554 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51554 competed?

The extent of competition for 2031JG22F51554 was full and open competition.

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