Raw gold bullion

Ended Awarded

Contract number
2031JG23F52192
Awardee
Awarding agency
Obligated
$4,493,484

Award facts

Contract value 100% obligated
$4,493,484.34 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 firm fixed-price delivery order was awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a total ceiling value of $4,493,484.34 and a period of performance through August 30, 2023.

Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of precious metals, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. Under these strategic procurement arrangements, the Mint routinely issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52192?

2031JG23F52192 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 23, 2023.

How much is contract 2031JG23F52192 worth?

The government has obligated $4,493,484 on 2031JG23F52192.

Is contract 2031JG23F52192 an order under another contract?

Yes. 2031JG23F52192 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52192 competed?

The extent of competition for 2031JG23F52192 was full and open competition.

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