Raw gold bullion

Ended Awarded

Contract number
2031JG24F51037
Awardee
Awarding agency
Obligated
$3,729,638

Award facts

Contract value 100% obligated
$3,729,638.04 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals. The contract is a delivery order with a firm fixed price of $3,729,638.04 and an ultimate completion date of July 19, 2024. Stonex Financial LTD has been awarded multiple contracts with the United States Mint, including two significant indefinite delivery vehicle (IDV) contracts for the supply of silver raw materials and raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation. The United States Mint, a civilian agency, is responsible for the funding and oversight of this contract.

Quick answers

Who was awarded contract 2031JG24F51037?

2031JG24F51037 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 9, 2024.

How much is contract 2031JG24F51037 worth?

The government has obligated $3,729,638 on 2031JG24F51037.

Is contract 2031JG24F51037 an order under another contract?

Yes. 2031JG24F51037 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51037 competed?

The extent of competition for 2031JG24F51037 was full and open competition.

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