Raw gold bullion

Ended Awarded

Contract number
2031JG23F51971
Awardee
Awarding agency
Obligated
$3,121,817

Award facts

Contract value 100% obligated
$3,121,817.43 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the U.S. government. The prime contractor, Stonex Financial LTD, is a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management of precious metals.

The contract is a delivery order with a firm fixed price of $3,121,817.43 and a performance period ending on March 31, 2023. This award is not associated with a set-aside program. Stonex Financial LTD has previously been awarded numerous delivery order contracts with the United States Mint for the supply of precious metals including gold, silver, and palladium, demonstrating their capability as a critical vendor for the agency's coin and medal production operations. The contract enables the Mint to maintain a steady and reliable supply of raw gold bullion from an international source.

Quick answers

Who was awarded contract 2031JG23F51971?

2031JG23F51971 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 21, 2023.

How much is contract 2031JG23F51971 worth?

The government has obligated $3,121,817 on 2031JG23F51971.

Is contract 2031JG23F51971 an order under another contract?

Yes. 2031JG23F51971 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51971 competed?

The extent of competition for 2031JG23F51971 was full and open competition.

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