Raw gold bullion

Ended Awarded

Contract number
2031JG24F51075
Awardee
Awarding agency
Obligated
$4,014,976

Award facts

Contract value 100% obligated
$4,014,976.12 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
Fixed Price Award Fee
Place of performance
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,014,976.12 and a period of performance ending on October 4, 2024. The contract is not designated as a set-aside.

Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (with a $10 billion ceiling value) and raw gold bullion (with an unspecified ceiling value). These contracts enable the Mint to maintain a reliable supply of critical raw materials from an international source to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG24F51075?

2031JG24F51075 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 17, 2024.

How much is contract 2031JG24F51075 worth?

The government has obligated $4,014,976 on 2031JG24F51075.

Is contract 2031JG24F51075 an order under another contract?

Yes. 2031JG24F51075 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51075 competed?

The extent of competition for 2031JG24F51075 was full and open competition.

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