Raw gold bullion

Ended Awarded

Contract number
2031JG24F52240
Awardee
Awarding agency
Obligated
$4,819,615

Award facts

Contract value 100% obligated
$4,819,615.00 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 firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the supply of raw gold bullion, with a ceiling value of $4,819,615.00 and an ultimate completion date of January 18, 2024.

Stonex Financial LTD is an established supplier of precious metals to the United States government, having been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This contract award is not set aside for any specific business type.

Quick answers

Who was awarded contract 2031JG24F52240?

2031JG24F52240 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 9, 2024.

How much is contract 2031JG24F52240 worth?

The government has obligated $4,819,615 on 2031JG24F52240.

Is contract 2031JG24F52240 an order under another contract?

Yes. 2031JG24F52240 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F52240 competed?

The extent of competition for 2031JG24F52240 was full and open competition.

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