Raw gold bullion

Ended Awarded

Contract number
2031JG22F51570
Awardee
Awarding agency
Obligated
$2,990,042

Award facts

Contract value 100% obligated
$2,990,042.00 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian federal 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 $2,990,042.00 and a performance period ending on March 30, 2022.

This delivery order contract is issued under two larger indefinite delivery vehicle (IDV) contracts between the United States Mint and Stonex Financial LTD. The first IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated. These IDVs allow the United States Mint to consistently source critical precious metal raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations.

The contract does not have a set-aside designation, indicating it was competed on an unrestricted basis. Stonex Financial LTD is the prime contractor, and there are no subcontractors mentioned in the provided information.

Quick answers

Who was awarded contract 2031JG22F51570?

2031JG22F51570 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 21, 2022.

How much is contract 2031JG22F51570 worth?

The government has obligated $2,990,042 on 2031JG22F51570.

Is contract 2031JG22F51570 an order under another contract?

Yes. 2031JG22F51570 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51570 competed?

The extent of competition for 2031JG22F51570 was full and open competition.

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