Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51004
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,542,570
Award facts
- Contract value 100% obligated
- $3,542,570.45 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, valued at $3,542,570.45, 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 with a focus on precious metals. The contract is a firm fixed price delivery order awarded under an indefinite delivery vehicle (IDV) contract held by Stonex Financial LTD with the United States Mint. The IDV contract, which has a $10 billion ceiling value, was awarded in June 2021 and extends through December 2040, allowing the Mint to maintain a steady and reliable supply of precious metals from this international supplier. The current delivery order has an ultimate completion date of April 12, 2024. There is no set-aside designation for this contract.
Quick answers
Who was awarded contract 2031JG24F51004?
2031JG24F51004 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 3, 2024.
How much is contract 2031JG24F51004 worth?
The government has obligated $3,542,570 on 2031JG24F51004.
Is contract 2031JG24F51004 an order under another contract?
Yes. 2031JG24F51004 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51004 competed?
The extent of competition for 2031JG24F51004 was full and open competition.
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