Raw gold bullion

Ended Awarded

Contract number
2031JG24F51047
Awardee
Awarding agency
Obligated
$2,785,980

Award facts

Contract value 100% obligated
$2,785,980.15 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 was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom that specializes in global commodity trading and risk management. The award, valued at $2,785,980.15, is a firm fixed price delivery order contract with a performance period ending on July 25, 2024. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion supply. These IDVs enable the Mint to consistently source critical precious metal raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F51047?

2031JG24F51047 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 17, 2024.

How much is contract 2031JG24F51047 worth?

The government has obligated $2,785,980 on 2031JG24F51047.

Is contract 2031JG24F51047 an order under another contract?

Yes. 2031JG24F51047 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51047 competed?

The extent of competition for 2031JG24F51047 was full and open competition.

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