Raw gold bullion

Ended Awarded

Contract number
2031JG23F52010
Awardee
Awarding agency
Obligated
$3,248,397

Award facts

Contract value 100% obligated
$3,248,397.46 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 of the U.S. government. The contract, valued at $3,248,397.46, is a firm fixed price delivery order awarded to Stonex Financial LTD, a for-profit international organization based in the United Kingdom that specializes in global commodity trading and risk management.

The contract is not set aside and appears to be part of two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. These IDVs, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, allow the Mint to consistently source critical precious metal raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F52010?

2031JG23F52010 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 11, 2023.

How much is contract 2031JG23F52010 worth?

The government has obligated $3,248,397 on 2031JG23F52010.

Is contract 2031JG23F52010 an order under another contract?

Yes. 2031JG23F52010 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52010 competed?

The extent of competition for 2031JG23F52010 was full and open competition.

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