Raw gold bullion

Ended Awarded

Contract number
2031JG24F51032
Awardee
Awarding agency
Obligated
$5,582,263

Award facts

Contract value 100% obligated
$5,582,263.26 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The $5,582,263.26 firm fixed price delivery order contract is for the supply of raw gold bullion. It is not designated as a set-aside contract.

Stonex Financial LTD is an established vendor for the United States Mint, holding two indefinite delivery vehicle (IDV) contracts worth up to $10 billion for the supply of silver and gold raw materials. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source. This contract award represents one such delivery order, enabling the Mint to continue its coin and medal production operations.

Quick answers

Who was awarded contract 2031JG24F51032?

2031JG24F51032 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 18, 2024.

How much is contract 2031JG24F51032 worth?

The government has obligated $5,582,263 on 2031JG24F51032.

Is contract 2031JG24F51032 an order under another contract?

Yes. 2031JG24F51032 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51032 competed?

The extent of competition for 2031JG24F51032 was full and open competition.

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