Raw gold bullion

Ended Awarded

Contract number
2031JG23F51890
Awardee
Awarding agency
Obligated
$3,902,876

Award facts

Contract value 100% obligated
$3,902,875.60 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 federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in the United Kingdom, on January 11, 2023. The contract has a ceiling value of $3,902,875.60 and is a firm fixed price delivery order, with an ultimate completion date of January 16, 2023. This award is part of the United States Mint's broader procurement strategy, which includes multiple award indefinite delivery vehicle (IDV) contracts with Stonex Financial LTD for the supply of precious metals, including gold, silver, and palladium. These IDV contracts, valued up to $10 billion, enable the Mint to maintain a reliable supply of critical raw materials to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F51890?

2031JG23F51890 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 11, 2023.

How much is contract 2031JG23F51890 worth?

The government has obligated $3,902,876 on 2031JG23F51890.

Is contract 2031JG23F51890 an order under another contract?

Yes. 2031JG23F51890 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51890 competed?

The extent of competition for 2031JG23F51890 was full and open competition.

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