Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51007
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,684,374
Award facts
- Contract value 100% obligated
- $5,684,374.32 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 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, 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 $5,684,374.32, is a firm fixed price delivery order contract with an ultimate completion date of May 3, 2024. Stonex Financial LTD has been awarded multiple delivery order contracts with the U.S. Mint for the supply of precious metals, including gold, silver, and palladium, since 2021. The contract does not have a set-aside designation. Stonex Financial LTD appears to be a critical vendor for the U.S. Mint, supporting the agency's ongoing coin and medal production operations through the provision of raw materials under two indefinite delivery vehicle (IDV) contracts with ceiling values of $10 billion for silver raw materials and an unspecified amount for raw gold bullion.
Quick answers
Who was awarded contract 2031JG24F51007?
2031JG24F51007 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 23, 2024.
How much is contract 2031JG24F51007 worth?
The government has obligated $5,684,374 on 2031JG24F51007.
Is contract 2031JG24F51007 an order under another contract?
Yes. 2031JG24F51007 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51007 competed?
The extent of competition for 2031JG24F51007 was full and open competition.
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