Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52077
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,283,252
Award facts
- Contract value 100% obligated
- $3,283,252.39 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 of the U.S. government. The contract was awarded on May 11, 2023 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract has a ceiling value of $3,283,252.39 and is a firm fixed price delivery order with a completion date of May 24, 2023.
Stonex Financial LTD has been awarded numerous delivery order contracts with the United States Mint in recent years, primarily for the supply of precious metals such as gold, silver, and palladium. 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. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.
The current contract does not have a set-aside designation, indicating it was competed on an unrestricted basis.
Quick answers
Who was awarded contract 2031JG23F52077?
2031JG23F52077 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 11, 2023.
How much is contract 2031JG23F52077 worth?
The government has obligated $3,283,252 on 2031JG23F52077.
Is contract 2031JG23F52077 an order under another contract?
Yes. 2031JG23F52077 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52077 competed?
The extent of competition for 2031JG23F52077 was full and open competition.
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