Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52129
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,636,640
Award facts
- Contract value 100% obligated
- $4,636,640.05 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The $4,636,640.05 firm fixed price delivery order 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.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an IDV for raw gold bullion supply. Under these IDVs, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, enabling the agency to maintain a steady and reliable supply of precious metals from this international source to support its ongoing coin and medal production operations. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F52129?
2031JG23F52129 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 12, 2023.
How much is contract 2031JG23F52129 worth?
The government has obligated $4,636,640 on 2031JG23F52129.
Is contract 2031JG23F52129 an order under another contract?
Yes. 2031JG23F52129 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52129 competed?
The extent of competition for 2031JG23F52129 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award