Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52164
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,153,576
Award facts
- Contract value 100% obligated
- $3,153,575.65 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 contract, valued at $3,153,575.65, was awarded on July 19, 2023 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order with a completion date of July 27, 2023.
Stonex Financial LTD has established itself as a key supplier of precious metals to the United States Mint, having been awarded numerous delivery order contracts ranging from $1 million to $22 million in recent years. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion ceiling value IDV for silver raw materials and an IDV for raw gold bullion supply. These strategic procurement approaches 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 2031JG23F52164?
2031JG23F52164 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 19, 2023.
How much is contract 2031JG23F52164 worth?
The government has obligated $3,153,576 on 2031JG23F52164.
Is contract 2031JG23F52164 an order under another contract?
Yes. 2031JG23F52164 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52164 competed?
The extent of competition for 2031JG23F52164 was full and open competition.
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