Raw gold bullion

Ended Awarded

Contract number
2031JG24F51069
Awardee
Awarding agency
Obligated
$4,013,456

Award facts

Contract value 100% obligated
$4,013,455.90 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

The U.S. government awarded a $4,013,455.90 firm fixed price delivery order contract to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, to provide raw gold bullion to the United States Mint. This contract does not have a set-aside designation and is scheduled for completion by September 20, 2024. Stonex Financial LTD appears to be an established supplier of precious metals to the U.S. government, holding two larger indefinite delivery vehicle (IDV) contracts with the United States Mint for silver and gold raw materials, with a combined ceiling value of over $10 billion. These IDVs allow the Mint to regularly issue delivery orders to Stonex Financial LTD to maintain a reliable supply of critical raw materials needed for the agency's coin and medal production operations.

Quick answers

Who was awarded contract 2031JG24F51069?

2031JG24F51069 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 11, 2024.

How much is contract 2031JG24F51069 worth?

The government has obligated $4,013,456 on 2031JG24F51069.

Is contract 2031JG24F51069 an order under another contract?

Yes. 2031JG24F51069 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51069 competed?

The extent of competition for 2031JG24F51069 was full and open competition.

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