Raw gold bullion

Ended Awarded

Contract number
2031JG23F52210
Awardee
Awarding agency
Obligated
$3,165,976

Award facts

Contract value 100% obligated
$3,165,975.81 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 contract was awarded by the United States Mint to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is for the delivery of raw gold bullion and has a ceiling value of $3,165,975.81. The contract is not set aside for any specific business designation.

Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts for the supply of silver and gold raw materials. These IDV contracts, with ceiling values up to $10 billion, enable the Mint to consistently source critical raw materials from an international provider to support its ongoing coin and medal production operations.

The current delivery order contract represents one of the routine firm fixed-price orders issued under the Mint's IDV agreements with Stonex Financial LTD. The contract specifies that the raw gold bullion will be delivered from the vendor's facilities in the United Kingdom to the Mint's production centers, with a performance period ending on September 7, 2023.

Quick answers

Who was awarded contract 2031JG23F52210?

2031JG23F52210 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 30, 2023.

How much is contract 2031JG23F52210 worth?

The government has obligated $3,165,976 on 2031JG23F52210.

Is contract 2031JG23F52210 an order under another contract?

Yes. 2031JG23F52210 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52210 competed?

The extent of competition for 2031JG23F52210 was full and open competition.

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