Raw gold bullion

Ended Awarded

Contract number
2031JG22F51701
Awardee
Awarding agency
Obligated
$4,328,763

Award facts

Contract value 100% obligated
$4,328,762.58 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 issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,328,762.58 fixed-price delivery order contract is for the supply of raw gold bullion. It is not designated as a set-aside contract.

The contract is part of two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The primary IDV, a $10 billion multiple-award contract for silver raw materials, was awarded in June 2021 and extends through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated.

These IDV contracts enable the United States Mint to consistently source critical precious metal raw materials from Stonex Financial LTD, a proven international supplier, to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51701?

2031JG22F51701 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 5, 2022.

How much is contract 2031JG22F51701 worth?

The government has obligated $4,328,763 on 2031JG22F51701.

Is contract 2031JG22F51701 an order under another contract?

Yes. 2031JG22F51701 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51701 competed?

The extent of competition for 2031JG22F51701 was full and open competition.

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