Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51948
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,961,114
Award facts
- Contract value 100% obligated
- $2,961,113.79 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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, awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, has a ceiling value of $2,961,113.79. It is a firm fixed price delivery order contract with a performance period through March 16, 2023.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of precious metals, including a $10 billion IDV for silver raw materials and another IDV for raw gold bullion. 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. This contract award is part of the Mint's strategic approach to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F51948?
2031JG23F51948 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 8, 2023.
How much is contract 2031JG23F51948 worth?
The government has obligated $2,961,114 on 2031JG23F51948.
Is contract 2031JG23F51948 an order under another contract?
Yes. 2031JG23F51948 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51948 competed?
The extent of competition for 2031JG23F51948 was full and open competition.
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