Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52212
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,595,808
Award facts
- Contract value 100% obligated
- $4,595,807.56 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 of the U.S. government. 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, particularly with precious metals.
The award, valued at $4,595,807.56, is a firm fixed price delivery order contract with an ultimate completion date of September 22, 2023. Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million per order, to supply precious metals including gold, silver, and palladium. The company 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, which allows the agency to consistently source critical raw materials from this proven international supplier.
Quick answers
Who was awarded contract 2031JG23F52212?
2031JG23F52212 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 13, 2023.
How much is contract 2031JG23F52212 worth?
The government has obligated $4,595,808 on 2031JG23F52212.
Is contract 2031JG23F52212 an order under another contract?
Yes. 2031JG23F52212 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52212 competed?
The extent of competition for 2031JG23F52212 was full and open competition.
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