Raw gold bullion

Ended Awarded

Contract number
2031JG23F52198
Awardee
Awarding agency
Obligated
$3,112,979

Award facts

Contract value 100% obligated
$3,112,978.56 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. government awarded a firm fixed price delivery order contract to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, to provide raw gold bullion to the United States Mint. The contract has a ceiling value of $3,112,978.56 and a performance period through August 30, 2023. This contract is part of Stonex Financial LTD's larger indefinite delivery vehicle (IDV) contracts with the United States Mint, which include a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion. Through these IDVs, the United States Mint is able to consistently source critical precious metal raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52198?

2031JG23F52198 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 23, 2023.

How much is contract 2031JG23F52198 worth?

The government has obligated $3,112,979 on 2031JG23F52198.

Is contract 2031JG23F52198 an order under another contract?

Yes. 2031JG23F52198 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52198 competed?

The extent of competition for 2031JG23F52198 was full and open competition.

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