Raw gold bullion

Ended Awarded

Contract number
2031JG22F51598
Awardee
Awarding agency
Obligated
$4,521,186

Award facts

Contract value 100% obligated
$4,521,186.40 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.

The contract, valued at $4,521,186.40, is a firm fixed price delivery order without any set-aside designation. It is part of a larger indefinite delivery vehicle (IDV) contract that Stonex Financial LTD holds with the United States Mint for the supply of raw gold bullion. The IDV contract represents a strategic procurement approach that allows the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51598?

2031JG22F51598 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 7, 2022.

How much is contract 2031JG22F51598 worth?

The government has obligated $4,521,186 on 2031JG22F51598.

Is contract 2031JG22F51598 an order under another contract?

Yes. 2031JG22F51598 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51598 competed?

The extent of competition for 2031JG22F51598 was full and open competition.

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