Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51939
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,940,369
Award facts
- Contract value 100% obligated
- $2,940,368.84 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
The U.S. Mint awarded a $2,940,368.84 firm fixed price delivery order contract to Stonex Financial LTD, a for-profit organization based in the United Kingdom, for the delivery of raw gold bullion. This contract is part of a larger indefinite delivery vehicle (IDV) contract established in June 2021 with a $10 billion ceiling for the supply of silver raw materials to the Mint, which is expected to continue through December 2040. The Mint routinely issues delivery orders to Stonex Financial LTD under this IDV, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. This latest delivery order contract has a performance period ending on March 15, 2023, and does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51939?
2031JG23F51939 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 7, 2023.
How much is contract 2031JG23F51939 worth?
The government has obligated $2,940,369 on 2031JG23F51939.
Is contract 2031JG23F51939 an order under another contract?
Yes. 2031JG23F51939 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51939 competed?
The extent of competition for 2031JG23F51939 was full and open competition.
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