Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52110
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,771,912
Award facts
- Contract value 100% obligated
- $4,771,912.17 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 is a $4,771,912.17 firm fixed-price delivery order contract awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, for the supply of raw gold bullion to the United States Mint. The contract has an ultimate completion date of May 31, 2023.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded multiple delivery order contracts with the Mint, ranging from $1 million to $22 million, as well as two significant indefinite delivery vehicle (IDV) contracts - one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations.
This contract does not have a set-aside designation, and there is no indication of any major subcontractors involved.
Quick answers
Who was awarded contract 2031JG23F52110?
2031JG23F52110 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2023.
How much is contract 2031JG23F52110 worth?
The government has obligated $4,771,912 on 2031JG23F52110.
Is contract 2031JG23F52110 an order under another contract?
Yes. 2031JG23F52110 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52110 competed?
The extent of competition for 2031JG23F52110 was full and open competition.
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