Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52062
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,891,299
Award facts
- Contract value 100% obligated
- $4,891,298.74 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 to Stonex Financial LTD, a for-profit international organization based in London, UK, provides the United States Mint with a steady supply of raw gold bullion. The $4,891,298.74 firm fixed price delivery order contract has an ultimate completion date of May 9, 2023. The contract has no set-aside designation and is part of a larger indefinite delivery vehicle (IDV) contract, potentially worth up to $10 billion, for raw silver and gold materials. This strategic procurement approach allows the U.S. Mint to consistently source critical precious metal raw materials from a proven international supplier to support its ongoing coin and medal production operations. The contract demonstrates Stonex Financial LTD's specialized capability in supplying high-value precious metals to the U.S. government.
Quick answers
Who was awarded contract 2031JG23F52062?
2031JG23F52062 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 1, 2023.
How much is contract 2031JG23F52062 worth?
The government has obligated $4,891,299 on 2031JG23F52062.
Is contract 2031JG23F52062 an order under another contract?
Yes. 2031JG23F52062 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52062 competed?
The extent of competition for 2031JG23F52062 was full and open competition.
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