Raw gold bullion

Ended Awarded

Contract number
2031JG23F52183
Awardee
Awarding agency
Obligated
$4,633,030

Award facts

Contract value 100% obligated
$4,633,030.03 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 federal contract award is to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management with a focus on precious metals. The contract, a firm fixed-price delivery order, is for the supply of raw gold bullion to the United States Mint, a civilian federal agency. The contract has a ceiling value of $4,633,030.03 and a performance period ending on August 15, 2023. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion supply. These contracts enable the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52183?

2031JG23F52183 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 8, 2023.

How much is contract 2031JG23F52183 worth?

The government has obligated $4,633,030 on 2031JG23F52183.

Is contract 2031JG23F52183 an order under another contract?

Yes. 2031JG23F52183 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52183 competed?

The extent of competition for 2031JG23F52183 was full and open competition.

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