Raw gold bullion

Ended Awarded

Contract number
2031JG22F51693
Awardee
Awarding agency
Obligated
$4,281,161

Award facts

Contract value 100% obligated
$4,281,160.70 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

The U.S. government, through the United States Mint, awarded a $4,281,160.70 firm fixed price delivery order contract to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is for the delivery of raw gold bullion, which will be used in the Mint's production of circulating coins, commemorative coins, bullion coins, and national medals. This delivery order is part of 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. The contracts enable the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F51693?

2031JG22F51693 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 24, 2022.

How much is contract 2031JG22F51693 worth?

The government has obligated $4,281,161 on 2031JG22F51693.

Is contract 2031JG22F51693 an order under another contract?

Yes. 2031JG22F51693 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51693 competed?

The extent of competition for 2031JG22F51693 was full and open competition.

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