Raw gold bullion

Ended Awarded

Contract number
2031JG22F51662
Awardee
Awarding agency
Obligated
$4,240,071

Award facts

Contract value 100% obligated
$4,240,071.01 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 was made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, with a ceiling value of $4,240,071.01. It is a firm fixed price delivery order contract with no set-aside designation.

Stonex Financial LTD appears to be a key supplier of precious metals such as gold, silver, and palladium to the United States Mint, having been awarded numerous delivery order contracts valued between $1 million and $22 million since 2021. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and another IDV for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51662?

2031JG22F51662 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F51662 worth?

The government has obligated $4,240,071 on 2031JG22F51662.

Is contract 2031JG22F51662 an order under another contract?

Yes. 2031JG22F51662 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51662 competed?

The extent of competition for 2031JG22F51662 was full and open competition.

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