Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51855
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,213,186
Award facts
- Contract value 100% obligated
- $3,213,185.99 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 delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The $3,213,185.99 firm fixed-price contract is for the delivery of raw gold bullion to the United States Mint.
The contract is not associated with a set-aside and is not part of a larger indefinite delivery vehicle (IDV) contract. However, the summary indicates that Stonex Financial LTD holds two significant IDV contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. Under these IDVs, the Mint regularly issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These IDV contracts allow the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51855?
2031JG23F51855 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 25, 2022.
How much is contract 2031JG23F51855 worth?
The government has obligated $3,213,186 on 2031JG23F51855.
Is contract 2031JG23F51855 an order under another contract?
Yes. 2031JG23F51855 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51855 competed?
The extent of competition for 2031JG23F51855 was full and open competition.
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