Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51933
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,434,287
Award facts
- Contract value 100% obligated
- $4,434,286.56 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 was issued by the United States Mint, a civilian agency of the U.S. government, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,434,286.56 firm fixed price delivery order contract is for the provision of raw gold bullion.
The contract is not set aside and is part of two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The first IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated. 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. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51933?
2031JG23F51933 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 21, 2023.
How much is contract 2031JG23F51933 worth?
The government has obligated $4,434,287 on 2031JG23F51933.
Is contract 2031JG23F51933 an order under another contract?
Yes. 2031JG23F51933 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51933 competed?
The extent of competition for 2031JG23F51933 was full and open competition.
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