Raw gold bullion

Ended Awarded

Contract number
2031JG22F51622
Awardee
Awarding agency
Obligated
$5,452,415

Award facts

Contract value 100% obligated
$5,452,415.12 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 is a firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, for the delivery of raw gold bullion. The contract has a ceiling value of $5,452,415.12 and a period of performance that ends on May 18, 2022.

Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. This contract is part of a larger strategic procurement approach by the United States Mint, which has awarded Stonex Financial LTD multiple indefinite delivery vehicle (IDV) contracts with ceiling values up to $10 billion for the supply of silver and gold raw materials. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.

The contract does not have a set-aside designation, and there are no subcontractors mentioned in the information provided.

Quick answers

Who was awarded contract 2031JG22F51622?

2031JG22F51622 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 3, 2022.

How much is contract 2031JG22F51622 worth?

The government has obligated $5,452,415 on 2031JG22F51622.

Is contract 2031JG22F51622 an order under another contract?

Yes. 2031JG22F51622 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51622 competed?

The extent of competition for 2031JG22F51622 was full and open competition.

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