Raw gold bullion

Ended Awarded

Contract number
2031JG25F51122
Awardee
Awarding agency
Obligated
$4,238,833

Award facts

Contract value 100% obligated
$4,238,833.14 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 civilian agency within the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.

The contract, valued at $4,238,833.14, is a firm fixed price delivery order with a period of performance through January 31, 2025. It appears to be one of several delivery orders issued under two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint, which have ceiling values of $10 billion for silver raw materials and an unspecified amount for raw gold bullion. These IDV contracts 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. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG25F51122?

2031JG25F51122 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 21, 2025.

How much is contract 2031JG25F51122 worth?

The government has obligated $4,238,833 on 2031JG25F51122.

Is contract 2031JG25F51122 an order under another contract?

Yes. 2031JG25F51122 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51122 competed?

The extent of competition for 2031JG25F51122 was full and open competition.

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