Raw gold bullion

Ended Awarded

Contract number
2031JG24F52227
Awardee
Awarding agency
Obligated
$2,898,899

Award facts

Contract value 100% obligated
$2,898,898.69 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 is a federal contract award made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,898,898.69. It is a firm fixed price delivery order contract, without any set-aside designation.

Stonex Financial LTD appears to be a key supplier of precious metals, such as gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, typically ranging from $10 million to $16 million each, as well as two significant indefinite delivery vehicle (IDV) contracts. One IDV is for silver raw materials with a $10 billion ceiling value, and the other appears to be for raw gold bullion supply. These contracts enable the Mint to maintain a steady and 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 2031JG24F52227?

2031JG24F52227 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 12, 2023.

How much is contract 2031JG24F52227 worth?

The government has obligated $2,898,899 on 2031JG24F52227.

Is contract 2031JG24F52227 an order under another contract?

Yes. 2031JG24F52227 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F52227 competed?

The extent of competition for 2031JG24F52227 was full and open competition.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award