Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51892
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,784,526
Award facts
- Contract value 100% obligated
- $3,784,525.67 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 for the delivery of raw gold bullion to the United States Mint, a civilian agency under the U.S. Department of the Treasury. The prime contractor, Stonex Financial LTD, a for-profit organization based in the United Kingdom, was awarded this firm fixed price delivery order contract valued at $3,784,525.67, with a completion date of January 16, 2023.
Stonex Financial LTD is an established supplier of precious metals to the U.S. government, having been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. Under these strategic IDV contracts, the Mint regularly issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million, to maintain a steady supply of critical raw materials for the agency's coin and medal production operations. This latest contract award, which does not have a set-aside designation, further solidifies Stonex Financial LTD's role as a key international supplier of precious metals to the United States government.
Quick answers
Who was awarded contract 2031JG23F51892?
2031JG23F51892 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 11, 2023.
How much is contract 2031JG23F51892 worth?
The government has obligated $3,784,526 on 2031JG23F51892.
Is contract 2031JG23F51892 an order under another contract?
Yes. 2031JG23F51892 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51892 competed?
The extent of competition for 2031JG23F51892 was full and open competition.
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