Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52174
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,661,377
Award facts
- Contract value 100% obligated
- $4,661,376.60 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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, valued at $4,661,376.60, was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint. It is a firm fixed-price delivery order contract with an ultimate completion date of August 3, 2023.
Stonex Financial LTD, doing business as Intl, has established itself as a key supplier of precious metals, including gold, silver, and palladium, to the United States government. The company holds 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 supply. Under these IDVs, the Mint routinely issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This contract award is part of the Mint's strategic procurement approach to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52174?
2031JG23F52174 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 27, 2023.
How much is contract 2031JG23F52174 worth?
The government has obligated $4,661,377 on 2031JG23F52174.
Is contract 2031JG23F52174 an order under another contract?
Yes. 2031JG23F52174 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52174 competed?
The extent of competition for 2031JG23F52174 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award