Raw gold bullion

Ended Awarded

Contract number
2031JG25F51105
Awardee
Awarding agency
Obligated
$3,174,906

Award facts

Contract value 100% obligated
$3,174,905.74 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 Great Britain, to provide raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract has a ceiling value of $3,174,905.74 and is a firm fixed price delivery order. The contract does not have a set-aside designation.

Stonex Financial LTD is the prime contractor and there are no identified subcontractors. The contract is awarded under two larger indefinite delivery vehicles (IDVs) held by Stonex Financial LTD with the United States Mint. The first IDV, with a $10 billion ceiling, is for providing silver raw materials, while the second IDV appears to be for the provision 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.

Quick answers

Who was awarded contract 2031JG25F51105?

2031JG25F51105 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 13, 2024.

How much is contract 2031JG25F51105 worth?

The government has obligated $3,174,906 on 2031JG25F51105.

Is contract 2031JG25F51105 an order under another contract?

Yes. 2031JG25F51105 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51105 competed?

The extent of competition for 2031JG25F51105 was full and open competition.

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