Raw gold bullion

Ended Awarded

Contract number
2031JG25F51091
Awardee
Awarding agency
Obligated
$4,279,975

Award facts

Contract value 100% obligated
$4,279,975.20 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 federal contract award is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in Great Britain, on October 22, 2024. The contract has a ceiling value of $4,279,975.20 and a period of performance through October 31, 2024. It is a firm fixed price delivery order contract, with no set-aside designation.

Stonex Financial LTD also holds two significant indefinite delivery vehicles (IDVs) with the United States Mint. The first IDV, valued at up to $10 billion, is for the provision of silver raw materials, while the second IDV appears to be for the delivery of raw gold bullion. These IDVs enable the United States Mint to maintain a steady supply of precious metals for its coin and medal production operations, with Stonex Financial LTD serving as a reliable international source for these critical materials.

Quick answers

Who was awarded contract 2031JG25F51091?

2031JG25F51091 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 22, 2024.

How much is contract 2031JG25F51091 worth?

The government has obligated $4,279,975 on 2031JG25F51091.

Is contract 2031JG25F51091 an order under another contract?

Yes. 2031JG25F51091 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51091 competed?

The extent of competition for 2031JG25F51091 was full and open competition.

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