Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52019
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,214,494
Award facts
- Contract value 100% obligated
- $3,214,494.19 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, valued at $3,214,494.19, was issued by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint. This contract is a firm fixed price delivery order and is not associated with any set-aside designations.
Stonex Financial LTD has been awarded numerous similar delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals such as gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD, a proven international supplier, to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52019?
2031JG23F52019 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 17, 2023.
How much is contract 2031JG23F52019 worth?
The government has obligated $3,214,494 on 2031JG23F52019.
Is contract 2031JG23F52019 an order under another contract?
Yes. 2031JG23F52019 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52019 competed?
The extent of competition for 2031JG23F52019 was full and open competition.
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