Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52146
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,641,516
Award facts
- Contract value 100% obligated
- $4,641,515.93 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 is a $4,641,515.93 firm fixed price delivery order contract awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The award was made by the United States Mint, a civilian agency, for the delivery of raw gold bullion. The contract has an ultimate completion date of July 4, 2023 and is not set aside for any special program.
Stonex Financial LTD, doing business as Intl, has established itself as a key supplier of precious metals to the United States Mint, delivering essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion ceiling value multiple-award contract for silver raw materials and an additional 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, to maintain a steady and reliable supply of precious metals from this international source.
Quick answers
Who was awarded contract 2031JG23F52146?
2031JG23F52146 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 28, 2023.
How much is contract 2031JG23F52146 worth?
The government has obligated $4,641,516 on 2031JG23F52146.
Is contract 2031JG23F52146 an order under another contract?
Yes. 2031JG23F52146 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52146 competed?
The extent of competition for 2031JG23F52146 was full and open competition.
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