Raw gold bullion

Ended Awarded

Contract number
2031JG24F51063
Awardee
Awarding agency
Obligated
$6,071,359

Award facts

Contract value 100% obligated
$6,071,359.39 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 firm fixed-price delivery order contract was awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $6,071,359.39 contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations. This award is associated with two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. The contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source. This particular delivery order has no set-aside designation and represents a strategic procurement approach by the Mint to consistently source critical raw materials from a proven international supplier.

Quick answers

Who was awarded contract 2031JG24F51063?

2031JG24F51063 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 28, 2024.

How much is contract 2031JG24F51063 worth?

The government has obligated $6,071,359 on 2031JG24F51063.

Is contract 2031JG24F51063 an order under another contract?

Yes. 2031JG24F51063 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51063 competed?

The extent of competition for 2031JG24F51063 was full and open competition.

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