Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52182
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,622,903
Award facts
- Contract value 100% obligated
- $4,622,902.76 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 within the U.S. government. The contract, valued at $4,622,902.76, was awarded on August 8, 2023, with a performance period extending through August 15, 2023. The contract is a firm fixed price delivery order, without any set-aside designation.
The prime contractor for this award is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management. Stonex Financial LTD has established itself as a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint through numerous previous contract awards.
This contract appears to be part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of raw gold bullion. The specific ceiling value of this IDV is not explicitly stated in the available information, but it likely supports the Mint's ongoing coin and medal production operations by ensuring a steady and reliable supply of this critical raw material from an international source.
Quick answers
Who was awarded contract 2031JG23F52182?
2031JG23F52182 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 8, 2023.
How much is contract 2031JG23F52182 worth?
The government has obligated $4,622,903 on 2031JG23F52182.
Is contract 2031JG23F52182 an order under another contract?
Yes. 2031JG23F52182 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52182 competed?
The extent of competition for 2031JG23F52182 was full and open competition.
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