Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F51998
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,136,395
Award facts
- Contract value 100% obligated
- $3,136,395.01 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 to Stonex Financial LTD, doing business as Intl, is a firm fixed price delivery order contract valued at $3,136,395.01 for the supply of raw gold bullion to the United States Mint. The contract has an ultimate completion date of April 11, 2023 and was awarded on April 5, 2023.
Stonex Financial LTD is an international for-profit organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals. The company has previously been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDV contracts, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from this international source. This latest contract award further solidifies Stonex Financial LTD's role as a critical vendor for the United States Mint, providing essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals.
Quick answers
Who was awarded contract 2031JG23F51998?
2031JG23F51998 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 5, 2023.
How much is contract 2031JG23F51998 worth?
The government has obligated $3,136,395 on 2031JG23F51998.
Is contract 2031JG23F51998 an order under another contract?
Yes. 2031JG23F51998 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F51998 competed?
The extent of competition for 2031JG23F51998 was full and open competition.
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