Raw gold bullion

Ended Awarded

Contract number
2031JG22F51712
Awardee
Awarding agency
Obligated
$4,292,405

Award facts

Contract value 100% obligated
$4,292,405.44 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 organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,292,405.44. The contract type is a delivery order under a firm fixed price pricing arrangement, with a performance period ending on July 19, 2022.

Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint since 2021, ranging from $1 million to $22 million per order. Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.

The contract award does not have a set-aside designation, and there is no information provided about any major subcontractors.

Quick answers

Who was awarded contract 2031JG22F51712?

2031JG22F51712 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 8, 2022.

How much is contract 2031JG22F51712 worth?

The government has obligated $4,292,405 on 2031JG22F51712.

Is contract 2031JG22F51712 an order under another contract?

Yes. 2031JG22F51712 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51712 competed?

The extent of competition for 2031JG22F51712 was full and open competition.

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