Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52055
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,760,526
Award facts
- Contract value 100% obligated
- $4,760,526.47 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Modification | $4,775,713 | |
| Other Administrative Action | -$15,187 |
About this award
This is a firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of $4,760,526.47 in raw gold bullion. There is no set-aside designation for this contract.
Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts with the agency, including a $10 billion IDV for silver raw materials and another IDV for raw gold bullion. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations. This contract award demonstrates Stonex Financial LTD's consistent capability in supplying high-value precious metal raw materials to the United States government.
Quick answers
Who was awarded contract 2031JG23F52055?
2031JG23F52055 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 27, 2023.
How much is contract 2031JG23F52055 worth?
The government has obligated $4,760,526 on 2031JG23F52055.
Is contract 2031JG23F52055 an order under another contract?
Yes. 2031JG23F52055 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52055 competed?
The extent of competition for 2031JG23F52055 was full and open competition.
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