Raw gold bullion

Ended Awarded

Contract number
2031JG23F51843
Awardee
Awarding agency
Obligated
$4,742,319

Award facts

Contract value 100% obligated
$4,742,319.11 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 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 $4,742,319.11 and a completion date of October 20, 2022.

Stonex Financial LTD is an established supplier of precious metals to the United States government, having been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order. The company 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. These contracts enable the United States Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.

This contract does not have a set-aside designation, and there is no mention of any major subcontractors.

Quick answers

Who was awarded contract 2031JG23F51843?

2031JG23F51843 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 12, 2022.

How much is contract 2031JG23F51843 worth?

The government has obligated $4,742,319 on 2031JG23F51843.

Is contract 2031JG23F51843 an order under another contract?

Yes. 2031JG23F51843 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51843 competed?

The extent of competition for 2031JG23F51843 was full and open competition.

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