Raw gold bullion

Ended Awarded

Contract number
2031JG25F51089
Awardee
Awarding agency
Obligated
$4,279,815

Award facts

Contract value 100% obligated
$4,279,815.18 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
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 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the U.S. government. The award, valued at $4,279,815.18, is a firm fixed price delivery order contract with an ultimate completion date of October 31, 2024.

Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and another IDV for raw gold bullion. Under these IDVs, the Mint issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This contract award is not associated with any set-aside designation.

Quick answers

Who was awarded contract 2031JG25F51089?

2031JG25F51089 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 22, 2024.

How much is contract 2031JG25F51089 worth?

The government has obligated $4,279,815 on 2031JG25F51089.

Is contract 2031JG25F51089 an order under another contract?

Yes. 2031JG25F51089 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51089 competed?

The extent of competition for 2031JG25F51089 was full and open competition.

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