Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51940
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,011,114
Award facts
- Contract value 100% obligated
- $3,011,113.98 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 organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.
The contract is a delivery order with a firm fixed price of $3,011,113.98 and a completion date of March 16, 2023. This award appears to be part of a larger indefinite delivery vehicle (IDV) contract between the United States Mint and Stonex Financial LTD for the supply of raw gold bullion, though the specific ceiling value of this IDV is not stated. The Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD under this IDV, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51940?
2031JG23F51940 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 8, 2023.
How much is contract 2031JG23F51940 worth?
The government has obligated $3,011,114 on 2031JG23F51940.
Is contract 2031JG23F51940 an order under another contract?
Yes. 2031JG23F51940 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51940 competed?
The extent of competition for 2031JG23F51940 was full and open competition.
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