Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52057
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,778,995
Award facts
- Contract value 100% obligated
- $4,778,995.43 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.
About this award
This is a $4,778,995.43 firm fixed price delivery order contract awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, by the United States Mint. The contract is for the delivery of raw gold bullion and does not have a set-aside designation.
Stonex Financial LTD appears to be an established supplier of precious metals to the U.S. government, having been awarded numerous delivery order contracts by the United States Mint since 2021, ranging from $1 million to $22 million per order. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDVs, the Mint issues regular firm fixed price delivery orders to Stonex Financial, typically valued between $10 million and $16 million each, to maintain a steady supply of critical precious metal raw materials for the agency's coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52057?
2031JG23F52057 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 25, 2023.
How much is contract 2031JG23F52057 worth?
The government has obligated $4,778,995 on 2031JG23F52057.
Is contract 2031JG23F52057 an order under another contract?
Yes. 2031JG23F52057 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52057 competed?
The extent of competition for 2031JG23F52057 was full and open competition.
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