Raw gold bullion

Ended Awarded

Contract number
2031JG24F52251
Awardee
Awarding agency
Obligated
$4,821,905

Award facts

Contract value 100% obligated
$4,821,904.55 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 to Stonex Financial LTD, a for-profit organization based in London, UK, is a $4,821,904.55 firm fixed price delivery order contract to provide raw gold bullion to the United States Mint, a civilian federal agency. The contract has an ultimate completion date of February 16, 2024 and was awarded on February 7, 2024. Stonex Financial LTD is an experienced supplier of precious metals to the U.S. government, having been awarded numerous delivery order contracts with the U.S. Mint worth $1 million to $22 million each since 2021. The contract does not have a set-aside designation. Stonex Financial LTD also holds two larger indefinite delivery vehicle (IDV) contracts with the U.S. Mint, valued at up to $10 billion for silver raw materials and an unspecified ceiling for raw gold bullion, which enable the agency to maintain a steady and reliable supply of critical precious metals from this international vendor.

Quick answers

Who was awarded contract 2031JG24F52251?

2031JG24F52251 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 7, 2024.

How much is contract 2031JG24F52251 worth?

The government has obligated $4,821,905 on 2031JG24F52251.

Is contract 2031JG24F52251 an order under another contract?

Yes. 2031JG24F52251 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F52251 competed?

The extent of competition for 2031JG24F52251 was full and open competition.

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