Raw gold bullion

Ended Awarded

Contract number
2031JG23F51988
Awardee
Awarding agency
Obligated
$3,162,811

Award facts

Contract value 100% obligated
$3,162,811.43 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 is a $3,162,811.43 firm fixed price delivery order contract awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, by the United States Mint. The contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations. This order is issued under two indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint, one for $10 billion in silver raw materials and another for an unspecified ceiling value of raw gold bullion. The contract has an ultimate completion date of April 11, 2023 and does not have a set-aside designation. Stonex Financial LTD has demonstrated a consistent capability in supplying high-value precious metal raw materials to the United States government, particularly the United States Mint, through numerous delivery order contracts awarded since 2021.

Quick answers

Who was awarded contract 2031JG23F51988?

2031JG23F51988 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 4, 2023.

How much is contract 2031JG23F51988 worth?

The government has obligated $3,162,811 on 2031JG23F51988.

Is contract 2031JG23F51988 an order under another contract?

Yes. 2031JG23F51988 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F51988 competed?

The extent of competition for 2031JG23F51988 was full and open competition.

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