Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51854
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,990,886
Award facts
- Contract value 100% obligated
- $3,990,885.64 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 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 $3,990,885.64. The contract has an ultimate completion date of November 1, 2022 and was awarded on October 25, 2022.
Stonex Financial LTD has been awarded multiple contracts with the United States Mint, primarily for the supply of precious metals such as gold, silver, and palladium. These contracts include two significant indefinite delivery vehicle (IDV) contracts, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. The Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD under these IDVs, typically valued between $10 million and $16 million each. The IDVs allow the Mint to maintain a steady and reliable supply of critical raw materials from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51854?
2031JG23F51854 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 25, 2022.
How much is contract 2031JG23F51854 worth?
The government has obligated $3,990,886 on 2031JG23F51854.
Is contract 2031JG23F51854 an order under another contract?
Yes. 2031JG23F51854 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51854 competed?
The extent of competition for 2031JG23F51854 was full and open competition.
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