Raw gold bullion

Ended Awarded

Contract number
2031JG23F51911
Awardee
Awarding agency
Obligated
$4,549,735

Award facts

Contract value 100% obligated
$4,549,734.73 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, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The $4,549,734.73 firm fixed price delivery order is for the supply of raw gold bullion, with a period of performance ending on February 14, 2023.

Stonex Financial LTD, doing business as Intl, appears to be a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials ($10 billion ceiling) and raw gold bullion (ceiling not specified). These contracts enable the Mint to maintain a reliable supply of critical raw materials to support its ongoing coin and medal production operations. This latest award does not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG23F51911?

2031JG23F51911 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 6, 2023.

How much is contract 2031JG23F51911 worth?

The government has obligated $4,549,735 on 2031JG23F51911.

Is contract 2031JG23F51911 an order under another contract?

Yes. 2031JG23F51911 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51911 competed?

The extent of competition for 2031JG23F51911 was full and open competition.

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