Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52188
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,546,876
Award facts
- Contract value 100% obligated
- $4,546,875.63 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency. The contract 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.
The contract is a delivery order with a firm fixed price of $4,546,875.63 and an ultimate completion date of August 23, 2023. Stonex Financial LTD has been awarded numerous similar delivery order contracts with the United States Mint, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD, a proven international supplier, to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52188?
2031JG23F52188 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 16, 2023.
How much is contract 2031JG23F52188 worth?
The government has obligated $4,546,876 on 2031JG23F52188.
Is contract 2031JG23F52188 an order under another contract?
Yes. 2031JG23F52188 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52188 competed?
The extent of competition for 2031JG23F52188 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