Raw gold bullion

Ended Awarded

Contract number
2031JG22F51663
Awardee
Awarding agency
Obligated
$3,468,954

Award facts

Contract value 100% obligated
$3,468,954.47 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 within the U.S. government. The contract, valued at $3,468,954.47, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, on May 23, 2022. The contract is a firm fixed price delivery order with no set-aside designation. Stonex Financial LTD has been awarded numerous similar contracts with the United States Mint, primarily for the supply of precious metals such as gold, silver, and palladium, which are used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The contract has an ultimate completion date of June 8, 2022, and is associated with two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion supply.

Quick answers

Who was awarded contract 2031JG22F51663?

2031JG22F51663 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F51663 worth?

The government has obligated $3,468,954 on 2031JG22F51663.

Is contract 2031JG22F51663 an order under another contract?

Yes. 2031JG22F51663 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51663 competed?

The extent of competition for 2031JG22F51663 was full and open competition.

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