Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51967
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,153,838
Award facts
- Contract value 100% obligated
- $3,153,838.09 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 is a firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $3,153,838.09 and an ultimate completion date of March 31, 2023. This contract is not associated with any set-aside designation.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, for the provision of raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals.
In addition to this specific delivery order, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint. The primary IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated in the available documents.
Quick answers
Who was awarded contract 2031JG23F51967?
2031JG23F51967 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 20, 2023.
How much is contract 2031JG23F51967 worth?
The government has obligated $3,153,838 on 2031JG23F51967.
Is contract 2031JG23F51967 an order under another contract?
Yes. 2031JG23F51967 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51967 competed?
The extent of competition for 2031JG23F51967 was full and open competition.
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