Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51851
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,929,235
Award facts
- Contract value 100% obligated
- $3,929,235.14 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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, particularly in precious metals.
The contract, a delivery order with a firm fixed price, has a ceiling value of $3,929,235.14 and an ultimate completion date of October 27, 2022. Stonex Financial LTD has been awarded numerous similar delivery order contracts for raw precious metals, including gold, silver, and palladium, to support the United States Mint's coin and medal production operations. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which allows the agency to consistently source critical raw materials from this proven international supplier. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51851?
2031JG23F51851 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 19, 2022.
How much is contract 2031JG23F51851 worth?
The government has obligated $3,929,235 on 2031JG23F51851.
Is contract 2031JG23F51851 an order under another contract?
Yes. 2031JG23F51851 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51851 competed?
The extent of competition for 2031JG23F51851 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award