Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52028
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,228,989
Award facts
- Contract value 100% obligated
- $3,228,989.31 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 $3,228,989.31, was issued by the United States Mint to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The contract is for the delivery of raw gold bullion to support the Mint's ongoing coin and medal production operations.
The contract is a firm fixed price delivery order without any set-aside designation. It is associated with two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The primary IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated.
These IDV contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's critical coin and medal production missions.
Quick answers
Who was awarded contract 2031JG23F52028?
2031JG23F52028 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 20, 2023.
How much is contract 2031JG23F52028 worth?
The government has obligated $3,228,989 on 2031JG23F52028.
Is contract 2031JG23F52028 an order under another contract?
Yes. 2031JG23F52028 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52028 competed?
The extent of competition for 2031JG23F52028 was full and open competition.
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