Raw gold bullion

Ended Awarded

Contract number
2031JG23F51956
Awardee
Awarding agency
Obligated
$2,977,231

Award facts

Contract value 100% obligated
$2,977,231.18 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

The U.S. government's United States Mint has awarded a firm fixed price delivery order contract worth $2,977,231.18 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, with a performance period ending on March 22, 2023. This contract is not set aside for any specific business type.

Stonex Financial LTD, doing business as Intl, is 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 since 2021, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (up to $10 billion ceiling value) and raw gold bullion (ceiling value not stated). These contracts enable the United States Mint to maintain a steady and reliable supply of critical raw materials from an international source to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F51956?

2031JG23F51956 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 15, 2023.

How much is contract 2031JG23F51956 worth?

The government has obligated $2,977,231 on 2031JG23F51956.

Is contract 2031JG23F51956 an order under another contract?

Yes. 2031JG23F51956 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51956 competed?

The extent of competition for 2031JG23F51956 was full and open competition.

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