Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52199
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,443,378
Award facts
- Contract value 100% obligated
- $1,443,377.57 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 prime contractor, Stonex Financial LTD, is a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, with a focus on precious metals.
The contract, valued at $1,443,377.57, is a firm fixed price delivery order contract with an ultimate completion date of August 30, 2023. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the U.S. Mint, including a $10 billion ceiling value IDV for silver raw materials and an IDV for raw gold bullion supply. These IDVs allow the U.S. Mint to consistently source critical raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG23F52199?
2031JG23F52199 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 23, 2023.
How much is contract 2031JG23F52199 worth?
The government has obligated $1,443,378 on 2031JG23F52199.
Is contract 2031JG23F52199 an order under another contract?
Yes. 2031JG23F52199 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52199 competed?
The extent of competition for 2031JG23F52199 was full and open competition.
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