Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51937
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,950,816
Award facts
- Contract value 100% obligated
- $2,950,815.63 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 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 for precious metals.
The contract has a ceiling value of $2,950,815.63 and is a firm fixed price delivery order with a period of performance ending on March 15, 2023. This contract is 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 the IDV is not provided.
The contract does not have any set-aside designation, indicating it was awarded through full and open competition. As a critical supplier of precious metals to the United States Mint, Stonex Financial LTD has been awarded numerous delivery order contracts in recent years, ranging from $1 million to $22 million, to support the Mint's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51937?
2031JG23F51937 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 7, 2023.
How much is contract 2031JG23F51937 worth?
The government has obligated $2,950,816 on 2031JG23F51937.
Is contract 2031JG23F51937 an order under another contract?
Yes. 2031JG23F51937 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51937 competed?
The extent of competition for 2031JG23F51937 was full and open competition.
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