Raw gold bullion

Ended Awarded

Contract number
2031JG22F51653
Awardee
Awarding agency
Obligated
$5,232,892

Award facts

Contract value 100% obligated
$5,232,891.86 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 firm fixed-price delivery order contract was awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract, valued at $5,232,891.86, is for the delivery of raw gold bullion to the United States Mint. This delivery order is part of a larger indefinite delivery vehicle (IDV) contract awarded to Stonex Financial LTD in June 2021, which has a $10 billion ceiling value and extends through December 2040. Under this IDV, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F51653?

2031JG22F51653 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F51653 worth?

The government has obligated $5,232,892 on 2031JG22F51653.

Is contract 2031JG22F51653 an order under another contract?

Yes. 2031JG22F51653 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51653 competed?

The extent of competition for 2031JG22F51653 was full and open competition.

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