Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51044
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,823,202
Award facts
- Contract value 100% obligated
- $4,823,202.33 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, valued at $4,823,202.33, was issued by the United States Mint, a civilian 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 and does not utilize any set-aside designations.
Stonex Financial LTD, doing business as Intl, has established itself as a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. This contract is one of several delivery order contracts the company has been awarded by the Mint, ranging from $1 million to $22 million per order. Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, the primary one being a $10 billion ceiling value multiple-award contract for silver raw materials.
The contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations. The IDVs represent a strategic procurement approach that allows the Mint to consistently source critical raw materials from a proven international supplier.
Quick answers
Who was awarded contract 2031JG20F51044?
2031JG20F51044 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 3, 2020.
How much is contract 2031JG20F51044 worth?
The government has obligated $4,823,202 on 2031JG20F51044.
Is contract 2031JG20F51044 an order under another contract?
Yes. 2031JG20F51044 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51044 competed?
The extent of competition for 2031JG20F51044 was full and open competition.
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