Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51893
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,991,042
Award facts
- Contract value 100% obligated
- $2,991,042.06 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 of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
The contract has a ceiling value of $2,991,042.06 and is a firm fixed price delivery order contract with a completion date of January 25, 2023. This award is part of Stonex Financial LTD's broader contractual relationship with the United States Mint, which includes multiple-award indefinite delivery vehicle (IDV) contracts for silver and gold raw materials valued at up to $10 billion. These IDVs allow the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51893?
2031JG23F51893 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 17, 2023.
How much is contract 2031JG23F51893 worth?
The government has obligated $2,991,042 on 2031JG23F51893.
Is contract 2031JG23F51893 an order under another contract?
Yes. 2031JG23F51893 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51893 competed?
The extent of competition for 2031JG23F51893 was full and open competition.
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