Raw gold bullion

Ended Awarded

Contract number
2031JG25F51103
Awardee
Awarding agency
Obligated
$6,456,928

Award facts

Contract value 100% obligated
$6,456,928.26 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 firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $6,456,928.26 and a period of performance through November 22, 2024.

Stonex Financial LTD is the prime contractor and there are no set-aside designations or major subcontractors mentioned. The company has been awarded numerous similar contracts with the United States Mint for the supply of precious metals, including gold, silver, and palladium, and holds two significant indefinite delivery vehicle (IDV) contracts with the agency. These IDVs, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F51103?

2031JG25F51103 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 13, 2024.

How much is contract 2031JG25F51103 worth?

The government has obligated $6,456,928 on 2031JG25F51103.

Is contract 2031JG25F51103 an order under another contract?

Yes. 2031JG25F51103 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51103 competed?

The extent of competition for 2031JG25F51103 was full and open competition.

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