Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51930
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,414,814
Award facts
- Contract value 100% obligated
- $4,414,813.60 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 to Stonex Financial LTD, doing business as Intl, is a firm fixed-price delivery order contract with the United States Mint, a civilian agency, for the delivery of raw gold bullion. The contract has a ceiling value of $4,414,813.60 and a completion date of February 28, 2023. Stonex Financial LTD is an international for-profit organization based in the United Kingdom, which has established itself as a key supplier of precious metals to the U.S. government. The company holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling and another for raw gold bullion. 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, to maintain a steady supply of precious metals for the agency's coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51930?
2031JG23F51930 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 21, 2023.
How much is contract 2031JG23F51930 worth?
The government has obligated $4,414,814 on 2031JG23F51930.
Is contract 2031JG23F51930 an order under another contract?
Yes. 2031JG23F51930 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51930 competed?
The extent of competition for 2031JG23F51930 was full and open competition.
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