Raw gold bullion

Ended Awarded

Contract number
2031JG22F51681
Awardee
Awarding agency
Obligated
$4,457,602

Award facts

Contract value 100% obligated
$4,457,602.17 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 contract award is for the provision of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The $4,457,602.17 firm fixed price delivery order contract was awarded on June 14, 2022 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract has an ultimate completion date of June 22, 2022.

Stonex Financial LTD appears to be a key supplier of precious metals to the U.S. Mint, as evidenced by its multiple indefinite delivery vehicle (IDV) contracts with the agency, including a $10 billion ceiling value IDV for silver raw materials. This contract award demonstrates the Mint's reliance on Stonex Financial LTD to provide a reliable supply of critical raw materials, such as gold bullion, in support of the agency's ongoing coin and medal production operations. The contract does not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG22F51681?

2031JG22F51681 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 14, 2022.

How much is contract 2031JG22F51681 worth?

The government has obligated $4,457,602 on 2031JG22F51681.

Is contract 2031JG22F51681 an order under another contract?

Yes. 2031JG22F51681 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51681 competed?

The extent of competition for 2031JG22F51681 was full and open competition.

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