Raw gold bullion
Ended Awarded
- Contract number
- 2031JG23F52220
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,566,873
Award facts
- Contract value 100% obligated
- $1,566,872.92 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 firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The contract is for the provision of raw gold bullion, with a ceiling value of $1,566,872.92 and a period of performance extending to September 27, 2023. The contract was not set aside for any specific business type.
Stonex Financial LTD, doing business as Intl, appears to be a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. This contract is one of several delivery order contracts the company has been awarded by the Mint in recent years, with values ranging from $1 million to $22 million per order. 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, though the specific ceiling value is not provided. These IDVs allow the Mint to maintain a reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F52220?
2031JG23F52220 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 21, 2023.
How much is contract 2031JG23F52220 worth?
The government has obligated $1,566,873 on 2031JG23F52220.
Is contract 2031JG23F52220 an order under another contract?
Yes. 2031JG23F52220 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG23F52220 competed?
The extent of competition for 2031JG23F52220 was full and open competition.
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