Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52118
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,792,225
Award facts
- Contract value 100% obligated
- $4,792,224.51 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, doing business as Intl, is a delivery order contract with the United States Mint, a civilian agency, for the delivery of raw gold bullion. The contract has a ceiling value of $4,792,224.51 and a completion date of June 8, 2023. Stonex Financial LTD is an international for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.
The contract is a firm fixed price delivery order, without any set-aside designation. Stonex Financial LTD appears to be a proven and strategic supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company 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 an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52118?
2031JG23F52118 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 1, 2023.
How much is contract 2031JG23F52118 worth?
The government has obligated $4,792,225 on 2031JG23F52118.
Is contract 2031JG23F52118 an order under another contract?
Yes. 2031JG23F52118 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52118 competed?
The extent of competition for 2031JG23F52118 was full and open competition.
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