Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51909
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,097,036
Award facts
- Contract value 100% obligated
- $3,097,036.27 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
This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management, particularly in precious metals.
The contract, with a ceiling value of $3,097,036.27, is a firm fixed price delivery order contract type with a completion date of February 14, 2023. Stonex Financial LTD has been awarded numerous similar delivery order contracts by the United States Mint for the supply of precious metals, including gold, silver, and palladium, since 2021. These contracts, ranging from $1 million to $22 million per order, support the Mint's ongoing coin and medal production operations. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of silver and gold bullion raw materials, with a combined ceiling value exceeding $10 billion.
Quick answers
Who was awarded contract 2031JG23F51909?
2031JG23F51909 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 6, 2023.
How much is contract 2031JG23F51909 worth?
The government has obligated $3,097,036 on 2031JG23F51909.
Is contract 2031JG23F51909 an order under another contract?
Yes. 2031JG23F51909 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51909 competed?
The extent of competition for 2031JG23F51909 was full and open competition.
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