Raw gold bullion

Ended Awarded

Contract number
2031JG23F52011
Awardee
Awarding agency
Obligated
$1,495,118

Award facts

Contract value 100% obligated
$1,495,118.05 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 was made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The $1,495,118.05 firm fixed price delivery order is for the supply of raw gold bullion. The award date is April 10, 2023, with an ultimate completion date of April 18, 2023.

This award appears to be part of larger indefinite delivery vehicle (IDV) contracts between the United States Mint and Stonex Financial LTD for the supply of precious metals, including a $10 billion ceiling value IDV for silver raw materials and another IDV for raw gold bullion. The Mint utilizes these IDVs to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52011?

2031JG23F52011 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 10, 2023.

How much is contract 2031JG23F52011 worth?

The government has obligated $1,495,118 on 2031JG23F52011.

Is contract 2031JG23F52011 an order under another contract?

Yes. 2031JG23F52011 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52011 competed?

The extent of competition for 2031JG23F52011 was full and open competition.

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