Raw gold bullion

Ended Awarded

Contract number
2031JG23F52139
Awardee
Awarding agency
Obligated
$4,634,893

Award facts

Contract value 100% obligated
$4,634,893.38 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 for $4,634,893.38 was issued by the United States Mint, a civilian agency within the U.S. government, 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 an ultimate completion date of June 28, 2023. Stonex Financial LTD is the prime contractor, and there are no set-aside designations for this contract.

The award appears to be a delivery order under two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The first IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, and the second IDV is for raw gold bullion supply, though its specific ceiling value is not explicitly stated. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F52139?

2031JG23F52139 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 21, 2023.

How much is contract 2031JG23F52139 worth?

The government has obligated $4,634,893 on 2031JG23F52139.

Is contract 2031JG23F52139 an order under another contract?

Yes. 2031JG23F52139 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52139 competed?

The extent of competition for 2031JG23F52139 was full and open competition.

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