Raw gold bullion

Ended Awarded

Contract number
2031JG23F52031
Awardee
Awarding agency
Obligated
$2,367,314

Award facts

Contract value 100% obligated
$2,367,314.26 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 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 was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.

The contract is a firm-fixed-price delivery order with a ceiling value of $2,367,314.26 and an ultimate completion date of April 26, 2023. This award is part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of raw gold bullion, though the specific ceiling value of that IDV is not provided. The IDV allows the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52031?

2031JG23F52031 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 20, 2023.

How much is contract 2031JG23F52031 worth?

The government has obligated $2,367,314 on 2031JG23F52031.

Is contract 2031JG23F52031 an order under another contract?

Yes. 2031JG23F52031 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52031 competed?

The extent of competition for 2031JG23F52031 was full and open competition.

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