Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52186
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,483,469
Award facts
- Contract value 100% obligated
- $2,483,469.40 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 is a federal contract award to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, to provide raw gold bullion to the United States Mint. The contract is a firm fixed price delivery order with a ceiling value of $2,483,469.40 and a period of performance through August 15, 2023. Stonex Financial LTD has been awarded numerous similar contracts with the United States Mint, primarily for the supply of precious metals like gold, silver, and palladium, which are used in the production of circulating coins, commemorative coins, bullion coins, and national medals. This contract is not set aside and is part of larger indefinite delivery vehicle (IDV) contracts that the United States Mint has awarded to Stonex Financial LTD, with ceiling values up to $10 billion, to ensure a reliable supply of critical raw materials for the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52186?
2031JG23F52186 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 8, 2023.
How much is contract 2031JG23F52186 worth?
The government has obligated $2,483,469 on 2031JG23F52186.
Is contract 2031JG23F52186 an order under another contract?
Yes. 2031JG23F52186 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52186 competed?
The extent of competition for 2031JG23F52186 was full and open competition.
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