Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52151
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,621,280
Award facts
- Contract value 100% obligated
- $3,621,280.21 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 of the U.S. government. The prime contractor, Stonex Financial LTD, is a for-profit international organization based in London, United Kingdom that specializes in global commodity trading, with a focus on precious metals.
The contract, awarded on July 5, 2023, has a ceiling value of $3,621,280.21 and a performance period ending on July 10, 2023. It is a firm fixed price delivery order contract, with no set-aside designation. Stonex Financial LTD has also been awarded 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, though the specific ceiling value is not stated. These IDVs allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52151?
2031JG23F52151 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 5, 2023.
How much is contract 2031JG23F52151 worth?
The government has obligated $3,621,280 on 2031JG23F52151.
Is contract 2031JG23F52151 an order under another contract?
Yes. 2031JG23F52151 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52151 competed?
The extent of competition for 2031JG23F52151 was full and open competition.
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