Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51923
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,580,946
Award facts
- Contract value 100% obligated
- $4,580,946.46 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, valued at $4,580,946.46, is a firm fixed price delivery order with a completion date of February 21, 2023. This award appears to be part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of raw gold bullion, though the specific ceiling value of this IDV is not provided. The IDV represents a strategic procurement approach that allows the Mint to consistently source critical raw materials from a proven international supplier. There is no set-aside designation for this contract.
Quick answers
Who was awarded contract 2031JG23F51923?
2031JG23F51923 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 14, 2023.
How much is contract 2031JG23F51923 worth?
The government has obligated $4,580,946 on 2031JG23F51923.
Is contract 2031JG23F51923 an order under another contract?
Yes. 2031JG23F51923 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51923 competed?
The extent of competition for 2031JG23F51923 was full and open competition.
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