Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52166
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,140,912
Award facts
- Contract value 100% obligated
- $3,140,911.61 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 $3,140,911.61, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.
The contract is a firm fixed-price delivery order awarded under larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. These IDV contracts, including one for raw gold bullion supply and another for silver raw materials with a $10 billion ceiling value, enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F52166?
2031JG23F52166 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 19, 2023.
How much is contract 2031JG23F52166 worth?
The government has obligated $3,140,912 on 2031JG23F52166.
Is contract 2031JG23F52166 an order under another contract?
Yes. 2031JG23F52166 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52166 competed?
The extent of competition for 2031JG23F52166 was full and open competition.
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