Raw gold bullion

Ended Awarded

Contract number
2031JG22F51794
Awardee
Awarding agency
Obligated
$2,947,388

Award facts

Contract value 100% obligated
$2,947,388.47 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 of the U.S. government, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $2,947,388.47 firm fixed price delivery order contract is for the supply of raw gold bullion. The contract does not have a set-aside designation.

Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an unspecified IDV for raw gold bullion supply. Under these IDVs, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG22F51794?

2031JG22F51794 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 30, 2022.

How much is contract 2031JG22F51794 worth?

The government has obligated $2,947,388 on 2031JG22F51794.

Is contract 2031JG22F51794 an order under another contract?

Yes. 2031JG22F51794 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51794 competed?

The extent of competition for 2031JG22F51794 was full and open competition.

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