Raw gold bullion

Ended Awarded

Contract number
2031JG22F51615
Awardee
Awarding agency
Obligated
$4,556,958

Award facts

Contract value 100% obligated
$4,556,957.65 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, valued at $4,556,957.65, was awarded on April 26, 2022, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order, with an ultimate completion date of May 5, 2022.

Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, which allow the agency to issue recurring delivery orders for critical raw materials. These IDV contracts, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, demonstrate the strategic importance of Stonex Financial LTD as a reliable international source of precious metals for the Mint's coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51615?

2031JG22F51615 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 26, 2022.

How much is contract 2031JG22F51615 worth?

The government has obligated $4,556,958 on 2031JG22F51615.

Is contract 2031JG22F51615 an order under another contract?

Yes. 2031JG22F51615 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51615 competed?

The extent of competition for 2031JG22F51615 was full and open competition.

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