Raw gold bullion

Ended Awarded

Contract number
2031JG22F51767
Awardee
Awarding agency
Obligated
$2,796,645

Award facts

Contract value 100% obligated
$2,796,644.77 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 $2,796,644.77 firm fixed price delivery order contract is for the supply of raw gold bullion. It was awarded on August 22, 2022, with a completion date of August 30, 2022. This contract is not associated with any set-aside designation.

Stonex Financial LTD, operating under the name "Intl", has an established history of providing precious metal raw materials to the United States Mint through multiple indefinite delivery vehicle (IDV) contracts. The primary IDV, awarded in June 2021, is a $10 billion multiple-award contract for silver raw materials with a performance period extending through December 2040. The company also holds an additional IDV for raw gold bullion supply, though the specific ceiling value is not stated.

These IDV contracts enable the United States Mint to maintain a reliable supply of critical precious metal raw materials from an international source to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51767?

2031JG22F51767 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 22, 2022.

How much is contract 2031JG22F51767 worth?

The government has obligated $2,796,645 on 2031JG22F51767.

Is contract 2031JG22F51767 an order under another contract?

Yes. 2031JG22F51767 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51767 competed?

The extent of competition for 2031JG22F51767 was full and open competition.

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