Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52122
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,677,534
Award facts
- Contract value 100% obligated
- $4,677,534.19 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 within 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 is a Firm Fixed Price Delivery Order with a ceiling value of $4,677,534.19 and an ultimate completion date of June 7, 2023.
Stonex Financial LTD has established itself as a key supplier of raw materials to the United States Mint, having been awarded numerous delivery order contracts for precious metals such as gold, silver, and palladium since 2021. The company holds two significant Indefinite Delivery Vehicle (IDV) contracts with the Mint, including a $10 billion ceiling value contract for silver raw materials and an unspecified ceiling value contract for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations. This particular contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F52122?
2031JG23F52122 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 31, 2023.
How much is contract 2031JG23F52122 worth?
The government has obligated $4,677,534 on 2031JG23F52122.
Is contract 2031JG23F52122 an order under another contract?
Yes. 2031JG23F52122 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52122 competed?
The extent of competition for 2031JG23F52122 was full and open competition.
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