Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52001
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,149,934
Award facts
- Contract value 100% obligated
- $3,149,934.22 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 issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $3,149,934.22 firm fixed price delivery order contract is for the provision of raw gold bullion. The contract does not have a set-aside designation.
Stonex Financial LTD has 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 IDVs, the Mint routinely issues individual firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These strategic procurements allow the Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52001?
2031JG23F52001 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 11, 2023.
How much is contract 2031JG23F52001 worth?
The government has obligated $3,149,934 on 2031JG23F52001.
Is contract 2031JG23F52001 an order under another contract?
Yes. 2031JG23F52001 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52001 competed?
The extent of competition for 2031JG23F52001 was full and open competition.
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