Raw gold bullion

Ended Awarded

Contract number
2031JG23F51841
Awardee
Awarding agency
Obligated
$4,053,091

Award facts

Contract value 100% obligated
$4,053,091.27 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,053,091.27 and a performance period ending on October 19, 2022. Stonex Financial LTD has been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. This contract is not associated with any set-aside designation. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which allow the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F51841?

2031JG23F51841 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 12, 2022.

How much is contract 2031JG23F51841 worth?

The government has obligated $4,053,091 on 2031JG23F51841.

Is contract 2031JG23F51841 an order under another contract?

Yes. 2031JG23F51841 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51841 competed?

The extent of competition for 2031JG23F51841 was full and open competition.

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