Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52100
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,762,117
Award facts
- Contract value 100% obligated
- $4,762,116.68 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 contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the federal government. The prime contractor, Stonex Financial LTD, is a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
The contract, valued at $4,762,116.68, is a firm fixed price delivery order with a period of performance ending on May 31, 2023. Stonex Financial LTD has been awarded multiple delivery order contracts with the U.S. Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. This contract does not have a set-aside designation. The U.S. Mint utilizes an indefinite delivery vehicle (IDV) contract with Stonex Financial LTD as a strategic procurement approach to maintain a steady and reliable supply of critical raw materials to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52100?
2031JG23F52100 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 17, 2023.
How much is contract 2031JG23F52100 worth?
The government has obligated $4,762,117 on 2031JG23F52100.
Is contract 2031JG23F52100 an order under another contract?
Yes. 2031JG23F52100 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52100 competed?
The extent of competition for 2031JG23F52100 was full and open competition.
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