Raw gold bullion

Ended Awarded

Contract number
2031JG23F52112
Awardee
Awarding agency
Obligated
$2,467,060

Award facts

Contract value 100% obligated
$2,467,059.63 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 federal contract award to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, to provide raw gold bullion to the United States Mint. The contract has a ceiling value of $2,467,059.63 and was awarded on May 11, 2023, with a completion date of May 31, 2023. This appears to be a delivery order contract, priced on a firm fixed price basis, without any set-aside designation. Stonex Financial LTD is also the holder of two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical precious metal raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F52112?

2031JG23F52112 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 11, 2023.

How much is contract 2031JG23F52112 worth?

The government has obligated $2,467,060 on 2031JG23F52112.

Is contract 2031JG23F52112 an order under another contract?

Yes. 2031JG23F52112 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52112 competed?

The extent of competition for 2031JG23F52112 was full and open competition.

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