Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51977
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,322,122
Award facts
- Contract value 100% obligated
- $2,322,122.05 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 was made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $2,322,122.05 fixed-price delivery order contract is for the supply of raw gold bullion.
Stonex Financial LTD, doing business as Intl, has established itself as a critical vendor for the United States Mint, providing essential precious metal raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling and another for raw gold bullion.
This delivery order contract does not have a set-aside designation and is scheduled for completion by March 31, 2023. The award demonstrates the Mint's strategic procurement approach to consistently source critical raw materials from a proven international supplier, ensuring a steady and reliable supply to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F51977?
2031JG23F51977 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 21, 2023.
How much is contract 2031JG23F51977 worth?
The government has obligated $2,322,122 on 2031JG23F51977.
Is contract 2031JG23F51977 an order under another contract?
Yes. 2031JG23F51977 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51977 competed?
The extent of competition for 2031JG23F51977 was full and open competition.
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