Raw gold bullion

Ended Awarded

Contract number
2031JG23F52032
Awardee
Awarding agency
Obligated
$3,287,323

Award facts

Contract value 100% obligated
$3,287,322.84 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 to Stonex Financial LTD, doing business as Intl, involves the delivery of raw gold bullion to the United States Mint. The $3,287,322.84 firm fixed price delivery order contract has an ultimate completion date of April 27, 2023. Stonex Financial LTD, a for-profit organization based in London, United Kingdom, specializes in global commodity trading and risk management, with a focus on precious metals. The company holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, including a $10 billion multiple-award IDV for silver raw materials and another IDV for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52032?

2031JG23F52032 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 20, 2023.

How much is contract 2031JG23F52032 worth?

The government has obligated $3,287,323 on 2031JG23F52032.

Is contract 2031JG23F52032 an order under another contract?

Yes. 2031JG23F52032 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52032 competed?

The extent of competition for 2031JG23F52032 was full and open competition.

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