Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52144
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,644,893
Award facts
- Contract value 100% obligated
- $1,644,892.81 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 within the federal 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, particularly in precious metals.
The contract has a ceiling value of $1,644,892.81 and is a firm fixed price delivery order, with an ultimate completion date of July 4, 2023. Stonex Financial LTD is an established vendor for the United States Mint, having been awarded numerous delivery order contracts for precious metal raw materials since 2021. The contract does not have a set-aside designation.
In addition to this specific contract award, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States 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 a proven international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52144?
2031JG23F52144 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 28, 2023.
How much is contract 2031JG23F52144 worth?
The government has obligated $1,644,893 on 2031JG23F52144.
Is contract 2031JG23F52144 an order under another contract?
Yes. 2031JG23F52144 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52144 competed?
The extent of competition for 2031JG23F52144 was full and open competition.
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