Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51002
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,447,532
Award facts
- Contract value 100% obligated
- $3,447,532.44 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 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management with a focus on precious metals. The contract is for the delivery of raw gold bullion, with a ceiling value of $3,447,532.44 and a period of performance through April 5, 2024.
This contract appears to be one of several delivery orders issued under the United States Mint's larger indefinite delivery vehicle (IDV) contracts with Stonex Financial LTD. The primary IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated. These IDVs allow the United States Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F51002?
2031JG24F51002 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 26, 2024.
How much is contract 2031JG24F51002 worth?
The government has obligated $3,447,532 on 2031JG24F51002.
Is contract 2031JG24F51002 an order under another contract?
Yes. 2031JG24F51002 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51002 competed?
The extent of competition for 2031JG24F51002 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