Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52027
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,232,776
Award facts
- Contract value 100% obligated
- $3,232,776.43 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, a for-profit organization based in London, UK, is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract, valued at $3,232,776.43, is a firm fixed price delivery order with an ultimate completion date of April 26, 2023.
Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion multiple-award contract for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These IDVs allow the Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52027?
2031JG23F52027 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 20, 2023.
How much is contract 2031JG23F52027 worth?
The government has obligated $3,232,776 on 2031JG23F52027.
Is contract 2031JG23F52027 an order under another contract?
Yes. 2031JG23F52027 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52027 competed?
The extent of competition for 2031JG23F52027 was full and open competition.
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