Raw gold bullion

Ended Awarded

Contract number
2031JG22F51643
Awardee
Awarding agency
Obligated
$5,337,450

Award facts

Contract value 100% obligated
$5,337,450.00 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 international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $5,337,450.00 and a performance period ending on May 30, 2022.

Stonex Financial LTD 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 over the past several years, ranging from $1 million to $22 million per order. Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the Mint for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion (with an unspecified ceiling value). These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.

The contract does not have a set-aside designation, and the place of performance is in Great Britain, United Kingdom. There is no information provided about any major subcontractors.

Quick answers

Who was awarded contract 2031JG22F51643?

2031JG22F51643 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F51643 worth?

The government has obligated $5,337,450 on 2031JG22F51643.

Is contract 2031JG22F51643 an order under another contract?

Yes. 2031JG22F51643 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51643 competed?

The extent of competition for 2031JG22F51643 was full and open competition.

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