Raw gold bullion

Ended Awarded

Contract number
2031JG22F51587
Awardee
Awarding agency
Obligated
$4,649,351

Award facts

Contract value 100% obligated
$4,649,351.38 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 $4,649,351.38, was issued by the United States Mint (a civilian agency) to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion and does not have a set-aside designation.

Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (with a $10 billion ceiling value) and raw gold bullion supply. These contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51587?

2031JG22F51587 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 30, 2022.

How much is contract 2031JG22F51587 worth?

The government has obligated $4,649,351 on 2031JG22F51587.

Is contract 2031JG22F51587 an order under another contract?

Yes. 2031JG22F51587 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51587 competed?

The extent of competition for 2031JG22F51587 was full and open competition.

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