Raw gold bullion

Ended Awarded

Contract number
2031JG23F52049
Awardee
Awarding agency
Obligated
$4,781,951

Award facts

Contract value 100% obligated
$4,781,950.68 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 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,781,950.68 and a completion date of May 9, 2023. This contract is one of several delivery orders issued under two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint, with one IDV specifically for raw gold bullion and the other for silver raw materials. The IDVs have ceiling values ranging up to $10 billion and extend through 2040, allowing the Mint to maintain a reliable supply of precious metals from this international supplier to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52049?

2031JG23F52049 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 25, 2023.

How much is contract 2031JG23F52049 worth?

The government has obligated $4,781,951 on 2031JG23F52049.

Is contract 2031JG23F52049 an order under another contract?

Yes. 2031JG23F52049 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52049 competed?

The extent of competition for 2031JG23F52049 was full and open competition.

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