Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG23F51872
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,644,504
Award facts
- Contract value 100% obligated
- $2,644,503.97 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$1,629 | |
| Original award | $2,646,133 |
About this award
This federal contract award to Stonex Financial LTD, a for-profit organization based in London, UK, is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract is a firm fixed price delivery order valued at $2,644,503.97, with a completion date of November 23, 2022. Stonex Financial LTD has previously been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. 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 supply. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD, a proven international supplier, to support the agency's ongoing coin and medal production operations. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51872?
2031JG23F51872 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 8, 2022.
How much is contract 2031JG23F51872 worth?
The government has obligated $2,644,504 on 2031JG23F51872.
Is contract 2031JG23F51872 an order under another contract?
Yes. 2031JG23F51872 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51872 competed?
The extent of competition for 2031JG23F51872 was full and open competition.
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