Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52045
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,760,359
Award facts
- Contract value 100% obligated
- $4,760,358.77 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the U.S. government. The contract, valued at $4,760,358.77, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.
The contract is a firm fixed-price delivery order that is part of two larger indefinite delivery vehicle (IDV) contracts Stonex Financial LTD holds with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations. The current delivery order has a performance period ending on May 9, 2023, and there is no set-aside designation associated with the award.
Quick answers
Who was awarded contract 2031JG23F52045?
2031JG23F52045 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 25, 2023.
How much is contract 2031JG23F52045 worth?
The government has obligated $4,760,359 on 2031JG23F52045.
Is contract 2031JG23F52045 an order under another contract?
Yes. 2031JG23F52045 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52045 competed?
The extent of competition for 2031JG23F52045 was full and open competition.
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