Raw gold bullion

Ended Awarded

Contract number
2031JG23F51978
Awardee
Awarding agency
Obligated
$3,182,766

Award facts

Contract value 100% obligated
$3,182,765.89 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 organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $3,182,765.89 and a performance period ending on April 4, 2023. This contract is not set aside for any particular business type.

Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts with the agency. These IDVs, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, enable the Mint to consistently source critical raw materials from this international vendor to support its ongoing coin and medal production operations. The delivery order contract awarded on March 24, 2023, is a specific task order issued under these IDV agreements.

Quick answers

Who was awarded contract 2031JG23F51978?

2031JG23F51978 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 24, 2023.

How much is contract 2031JG23F51978 worth?

The government has obligated $3,182,766 on 2031JG23F51978.

Is contract 2031JG23F51978 an order under another contract?

Yes. 2031JG23F51978 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51978 competed?

The extent of competition for 2031JG23F51978 was full and open competition.

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