Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52037
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,487,762
Award facts
- Contract value 100% obligated
- $1,487,761.50 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 is a delivery order contract awarded 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, with a ceiling value of $1,487,761.50. This contract is not set aside for any small business designation.
The contract appears to be part of two larger indefinite delivery vehicle (IDV) contracts between the United States Mint and Stonex Financial LTD. The first 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 is for the supply of raw gold bullion, though its specific ceiling value is not provided.
Under these IDV contracts, the United States Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These contracts enable the United States 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 2031JG23F52037?
2031JG23F52037 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 20, 2023.
How much is contract 2031JG23F52037 worth?
The government has obligated $1,487,762 on 2031JG23F52037.
Is contract 2031JG23F52037 an order under another contract?
Yes. 2031JG23F52037 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52037 competed?
The extent of competition for 2031JG23F52037 was full and open competition.
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