Raw gold bullion

Ended Awarded

Contract number
2031JG22F51782
Awardee
Awarding agency
Obligated
$2,847,781

Award facts

Contract value 100% obligated
$2,847,780.82 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,847,780.82 and a completion date of September 2, 2022.

Stonex Financial LTD is an established supplier of precious metals to the United States government, and has been awarded numerous delivery order contracts with the United States Mint for the provision of raw materials such as gold, silver, and palladium. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. These contracts allow the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.

This specific delivery order contract does not have a set-aside designation, indicating it was competed on an unrestricted basis.

Quick answers

Who was awarded contract 2031JG22F51782?

2031JG22F51782 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 22, 2022.

How much is contract 2031JG22F51782 worth?

The government has obligated $2,847,781 on 2031JG22F51782.

Is contract 2031JG22F51782 an order under another contract?

Yes. 2031JG22F51782 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51782 competed?

The extent of competition for 2031JG22F51782 was full and open competition.

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