Raw gold bullion

Ended Awarded

Contract number
2031JG23F52024
Awardee
Awarding agency
Obligated
$3,224,632

Award facts

Contract value 100% obligated
$3,224,632.09 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, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of $3,224,632.09 in raw gold bullion. The contract has a completion date of April 25, 2023 and was awarded on April 17, 2023. Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint, having been awarded multiple delivery order contracts and indefinite delivery vehicle (IDV) contracts with the agency since 2021, typically valued between $10 million and $16 million per order. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52024?

2031JG23F52024 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 17, 2023.

How much is contract 2031JG23F52024 worth?

The government has obligated $3,224,632 on 2031JG23F52024.

Is contract 2031JG23F52024 an order under another contract?

Yes. 2031JG23F52024 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52024 competed?

The extent of competition for 2031JG23F52024 was full and open competition.

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