Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52157
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,442,681
Award facts
- Contract value 100% obligated
- $1,442,681.43 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 firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $1,442,681.43 and a performance period ending on July 27, 2023.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion. These contracts allow the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52157?
2031JG23F52157 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 19, 2023.
How much is contract 2031JG23F52157 worth?
The government has obligated $1,442,681 on 2031JG23F52157.
Is contract 2031JG23F52157 an order under another contract?
Yes. 2031JG23F52157 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52157 competed?
The extent of competition for 2031JG23F52157 was full and open competition.
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