Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51012
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,682,687
Award facts
- Contract value 100% obligated
- $3,682,687.12 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 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 in precious metals.
The contract is a firm fixed-price delivery order with a ceiling value of $3,682,687.12 and an ultimate completion date of May 15, 2024. This award is part of Stonex Financial LTD's larger indefinite delivery vehicle (IDV) contracts with the United States Mint, which include a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.
The contract does not have a set-aside designation, indicating it was awarded on an unrestricted basis. The place of performance is in Great Britain, United Kingdom.
Quick answers
Who was awarded contract 2031JG24F51012?
2031JG24F51012 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 8, 2024.
How much is contract 2031JG24F51012 worth?
The government has obligated $3,682,687 on 2031JG24F51012.
Is contract 2031JG24F51012 an order under another contract?
Yes. 2031JG24F51012 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51012 competed?
The extent of competition for 2031JG24F51012 was full and open competition.
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