Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51870
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,691,735
Award facts
- Contract value 100% obligated
- $2,691,735.20 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
The U.S. government agency, the United States Mint, awarded a $2,691,735.20 firm fixed price delivery order contract to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. This contract is for the delivery of raw gold bullion to the United States Mint. The contract has an ultimate completion date of November 23, 2022 and was awarded on November 8, 2022.
Stonex Financial LTD appears to be an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. 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, though the specific ceiling value is not provided. Under these IDVs, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically ranging from $10 million to $16 million each. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51870?
2031JG23F51870 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 8, 2022.
How much is contract 2031JG23F51870 worth?
The government has obligated $2,691,735 on 2031JG23F51870.
Is contract 2031JG23F51870 an order under another contract?
Yes. 2031JG23F51870 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51870 competed?
The extent of competition for 2031JG23F51870 was full and open competition.
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