Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51857
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,376,025
Award facts
- Contract value 100% obligated
- $3,376,025.41 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 a delivery order valued at $3,376,025.41 issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion and does not have a set-aside designation.
Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts by the agency, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51857?
2031JG23F51857 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 26, 2022.
How much is contract 2031JG23F51857 worth?
The government has obligated $3,376,025 on 2031JG23F51857.
Is contract 2031JG23F51857 an order under another contract?
Yes. 2031JG23F51857 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51857 competed?
The extent of competition for 2031JG23F51857 was full and open competition.
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