Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51882
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,442,331
Award facts
- Contract value 100% obligated
- $4,442,331.01 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 firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,442,331.01 and a performance period ending on January 16, 2023.
Stonex Financial LTD is a critical vendor for the United States Mint, providing essential raw materials such as gold, silver, and palladium used in the production of circulating coins, commemorative coins, bullion coins, and national medals. 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. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This contract was not set aside for any specific business type.
Quick answers
Who was awarded contract 2031JG23F51882?
2031JG23F51882 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 9, 2023.
How much is contract 2031JG23F51882 worth?
The government has obligated $4,442,331 on 2031JG23F51882.
Is contract 2031JG23F51882 an order under another contract?
Yes. 2031JG23F51882 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51882 competed?
The extent of competition for 2031JG23F51882 was full and open competition.
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