Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52131
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,636,971
Award facts
- Contract value 100% obligated
- $4,636,970.50 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 under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management.
The contract, valued at $4,636,970.50, is a firm fixed price delivery order with a completion date of June 28, 2023. Stonex Financial LTD is an established supplier of precious metals to the U.S. government, having been awarded numerous delivery order contracts with the U.S. Mint since 2021, ranging from $1 million to $22 million per order. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint for the supply of silver raw materials (up to $10 billion ceiling value) and raw gold bullion (ceiling value not specified). These IDVs allow the U.S. Mint to maintain a steady and reliable supply of critical raw materials from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52131?
2031JG23F52131 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 20, 2023.
How much is contract 2031JG23F52131 worth?
The government has obligated $4,636,971 on 2031JG23F52131.
Is contract 2031JG23F52131 an order under another contract?
Yes. 2031JG23F52131 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52131 competed?
The extent of competition for 2031JG23F52131 was full and open competition.
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