Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52095
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,363,781
Award facts
- Contract value 100% obligated
- $2,363,780.52 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 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 has a firm fixed price, with a ceiling value of $2,363,780.52 and a completion date of May 25, 2023. This appears to be a delivery order under a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint, which includes a $10 billion ceiling value contract for silver raw materials and another IDV for raw gold bullion supply. The contract does not have a set-aside designation, and Stonex Financial LTD is the sole prime contractor, with no subcontractors mentioned. This contract is part of the United States Mint's ongoing procurement of critical raw materials to support the agency's coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52095?
2031JG23F52095 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 15, 2023.
How much is contract 2031JG23F52095 worth?
The government has obligated $2,363,781 on 2031JG23F52095.
Is contract 2031JG23F52095 an order under another contract?
Yes. 2031JG23F52095 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52095 competed?
The extent of competition for 2031JG23F52095 was full and open competition.
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