Raw gold bullion

Ended Awarded

Contract number
2031JG24F52228
Awardee
Awarding agency
Obligated
$1,383,574

Award facts

Contract value 100% obligated
$1,383,574.06 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 under the Department of the Treasury. The contract, valued at $1,383,574.06, is a firm fixed price delivery order awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. Stonex Financial LTD specializes in global commodity trading and risk management, with a focus on precious metals. This award is part of a larger indefinite delivery vehicle (IDV) contract worth up to $10 billion for the supply of silver raw materials to the United States Mint, which was originally awarded in June 2021 and extends through December 2040. The current delivery order has an ultimate completion date of October 19, 2023. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F52228?

2031JG24F52228 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 12, 2023.

How much is contract 2031JG24F52228 worth?

The government has obligated $1,383,574 on 2031JG24F52228.

Is contract 2031JG24F52228 an order under another contract?

Yes. 2031JG24F52228 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F52228 competed?

The extent of competition for 2031JG24F52228 was full and open competition.

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