Raw gold bullion

Ended Awarded

Contract number
2031JG23F52201
Awardee
Awarding agency
Obligated
$3,099,710

Award facts

Contract value 100% obligated
$3,099,710.43 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, with an ID of 2031JG20D00010|2031JG23F52201, was issued by the United States Mint (an agency of 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 a ceiling value of $3,099,710.43 and a completion date of August 31, 2023. This is a firm fixed price delivery order contract, which is not associated with a set-aside program. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to regularly issue firm fixed price delivery orders to Stonex Financial LTD, typically ranging from $10 million to $16 million each, to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F52201?

2031JG23F52201 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 23, 2023.

How much is contract 2031JG23F52201 worth?

The government has obligated $3,099,710 on 2031JG23F52201.

Is contract 2031JG23F52201 an order under another contract?

Yes. 2031JG23F52201 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52201 competed?

The extent of competition for 2031JG23F52201 was full and open competition.

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