Raw gold bullion

Ended Awarded

Contract number
2031JG24F51020
Awardee
Awarding agency
Obligated
$5,621,245

Award facts

Contract value 100% obligated
$5,621,245.01 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion and has a ceiling value of $5,621,245.01. The contract has an ultimate completion date of June 13, 2024.

Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, with a primary IDV for silver raw materials valued at up to $10 billion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations. This particular contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F51020?

2031JG24F51020 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 5, 2024.

How much is contract 2031JG24F51020 worth?

The government has obligated $5,621,245 on 2031JG24F51020.

Is contract 2031JG24F51020 an order under another contract?

Yes. 2031JG24F51020 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51020 competed?

The extent of competition for 2031JG24F51020 was full and open competition.

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