Raw gold bullion

Ended Awarded

Contract number
2031JG23F52130
Awardee
Awarding agency
Obligated
$4,636,805

Award facts

Contract value 100% obligated
$4,636,805.27 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 under the Department of the Treasury. The contract, valued at $4,636,805.27, 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 with a focus on precious metals.

The contract is a firm fixed-price delivery order, with an ultimate completion date of June 28, 2023. It is not associated with any set-aside designation. Stonex Financial LTD has previously been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F52130?

2031JG23F52130 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 20, 2023.

How much is contract 2031JG23F52130 worth?

The government has obligated $4,636,805 on 2031JG23F52130.

Is contract 2031JG23F52130 an order under another contract?

Yes. 2031JG23F52130 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52130 competed?

The extent of competition for 2031JG23F52130 was full and open competition.

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