Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51941
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,988,095
Award facts
- Contract value 100% obligated
- $2,988,094.88 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 firm fixed-price delivery order contract was awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The $2,988,094.88 contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations.
The contract is associated with two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The primary IDV, valued at up to $10 billion, is for the supply of silver raw materials through December 2040. The second IDV appears to be for raw gold bullion, though its specific ceiling value is not stated. These IDVs allow the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing manufacturing activities. The current $2.99 million delivery order contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51941?
2031JG23F51941 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 8, 2023.
How much is contract 2031JG23F51941 worth?
The government has obligated $2,988,095 on 2031JG23F51941.
Is contract 2031JG23F51941 an order under another contract?
Yes. 2031JG23F51941 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51941 competed?
The extent of competition for 2031JG23F51941 was full and open competition.
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