Raw gold bullion

Ended Awarded

Contract number
2031JG22F51637
Awardee
Awarding agency
Obligated
$5,309,988

Award facts

Contract value 100% obligated
$5,309,988.43 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 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 $5,309,988.43, was awarded on May 15, 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 a completion date of May 26, 2022.

Stonex Financial LTD appears to be a key supplier of precious metals to the United States Mint, having been awarded numerous delivery order contracts for materials such as gold, silver, and palladium since 2021. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from Stonex, supporting the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F51637?

2031JG22F51637 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 15, 2022.

How much is contract 2031JG22F51637 worth?

The government has obligated $5,309,988 on 2031JG22F51637.

Is contract 2031JG22F51637 an order under another contract?

Yes. 2031JG22F51637 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51637 competed?

The extent of competition for 2031JG22F51637 was full and open competition.

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