Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52123
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,634,983
Award facts
- Contract value 100% obligated
- $4,634,982.72 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 is a firm fixed-price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, with a ceiling value of $4,634,982.72 and a completion date of June 7, 2023.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals, including gold, silver, and palladium, to the United States government. The company has been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the provision of raw precious metal materials.
The current contract is not associated with a set-aside designation, and there is no mention of any subcontractors. This contract is part of the company's broader indefinite delivery vehicle (IDV) contracts with the United States Mint, which include a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion supply, though the specific ceiling value for the gold IDV is not provided. These IDVs allow the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52123?
2031JG23F52123 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 31, 2023.
How much is contract 2031JG23F52123 worth?
The government has obligated $4,634,983 on 2031JG23F52123.
Is contract 2031JG23F52123 an order under another contract?
Yes. 2031JG23F52123 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52123 competed?
The extent of competition for 2031JG23F52123 was full and open competition.
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