Raw gold bullion

Ended Awarded

Contract number
2031JG23F52113
Awardee
Awarding agency
Obligated
$2,547,927

Award facts

Contract value 100% obligated
$2,547,927.14 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

The U.S. Mint awarded a $2,547,927.14 firm-fixed-price delivery order contract to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, for the delivery of raw gold bullion. This contract has no set-aside designation and is issued under two larger indefinite delivery vehicles (IDVs) that Stonex Financial LTD holds with the U.S. Mint, one for silver raw materials with a $10 billion ceiling and another for raw gold bullion. Stonex Financial LTD has become a critical vendor for the U.S. Mint, consistently delivering precious metal raw materials to support the agency's coin and medal production operations from its facilities in Great Britain. This award represents the latest in a series of delivery order contracts between Stonex Financial LTD and the U.S. Mint, typically valued between $10 million and $16 million, that enable the Mint to maintain a steady and reliable supply of precious metals from an international source.

Quick answers

Who was awarded contract 2031JG23F52113?

2031JG23F52113 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2023.

How much is contract 2031JG23F52113 worth?

The government has obligated $2,547,927 on 2031JG23F52113.

Is contract 2031JG23F52113 an order under another contract?

Yes. 2031JG23F52113 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52113 competed?

The extent of competition for 2031JG23F52113 was full and open competition.

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