Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52179
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,625,853
Award facts
- Contract value 100% obligated
- $4,625,853.21 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 under the Department of the Treasury. The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly for precious metals.
The contract is a delivery order with a firm fixed price of $4,625,853.21 and a period of performance ending on August 15, 2023. It is not a set-aside contract. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion supply. These strategic procurements allow the Mint to consistently source critical precious metal raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52179?
2031JG23F52179 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 8, 2023.
How much is contract 2031JG23F52179 worth?
The government has obligated $4,625,853 on 2031JG23F52179.
Is contract 2031JG23F52179 an order under another contract?
Yes. 2031JG23F52179 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52179 competed?
The extent of competition for 2031JG23F52179 was full and open competition.
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