Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51860
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,935,934
Award facts
- Contract value 100% obligated
- $3,935,933.97 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 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 $3,935,933.97 and a performance period ending on November 1, 2022.
Stonex Financial LTD is a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded multiple delivery order contracts with the Mint, ranging from $1 million to $22 million, to provide raw materials for the production of circulating coins, commemorative coins, bullion coins, and national medals. This contract is not associated with a set-aside designation.
In addition to the current delivery order, Stonex Financial LTD holds two significant indefinite delivery vehicle (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. These IDVs allow the 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.
Quick answers
Who was awarded contract 2031JG23F51860?
2031JG23F51860 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 26, 2022.
How much is contract 2031JG23F51860 worth?
The government has obligated $3,935,934 on 2031JG23F51860.
Is contract 2031JG23F51860 an order under another contract?
Yes. 2031JG23F51860 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51860 competed?
The extent of competition for 2031JG23F51860 was full and open competition.
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