Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52155
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,147,917
Award facts
- Contract value 100% obligated
- $3,147,916.85 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 $3,147,916.85 firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit organization based in London, United Kingdom that specializes in global commodity trading and risk management with a focus on precious metals. The contract is for the delivery of raw gold bullion to support the Mint's ongoing coin and medal production operations. This contract award is associated with two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD, one for $10 billion in silver raw materials and another for an unspecified ceiling value in raw gold bullion. These IDVs allow the Mint to consistently source critical precious metal raw materials from this proven international supplier. The current delivery order contract has a July 13, 2023 completion date and does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG23F52155?
2031JG23F52155 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 6, 2023.
How much is contract 2031JG23F52155 worth?
The government has obligated $3,147,917 on 2031JG23F52155.
Is contract 2031JG23F52155 an order under another contract?
Yes. 2031JG23F52155 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52155 competed?
The extent of competition for 2031JG23F52155 was full and open competition.
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