Raw gold bullion

Ended Awarded

Contract number
2031JG23F52218
Awardee
Awarding agency
Obligated
$3,099,680

Award facts

Contract value 100% obligated
$3,099,680.19 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 for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract, valued at $3,099,680.19, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, on September 21, 2023. The contract is a firm-fixed-price delivery order with a completion date of September 27, 2023. Stonex Financial LTD has previously been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of precious metals, including gold, silver, and palladium, in support of the agency's ongoing coin and medal production operations. These IDV contracts have ceiling values up to $10 billion and allow the Mint to consistently source critical raw materials from a proven international supplier. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG23F52218?

2031JG23F52218 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 21, 2023.

How much is contract 2031JG23F52218 worth?

The government has obligated $3,099,680 on 2031JG23F52218.

Is contract 2031JG23F52218 an order under another contract?

Yes. 2031JG23F52218 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG23F52218 competed?

The extent of competition for 2031JG23F52218 was full and open competition.

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