Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51013
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,765,787
Award facts
- Contract value 100% obligated
- $3,765,787.37 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, with a ceiling value of $3,765,787.37 and a performance period ending on May 29, 2024.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals for the agency's ongoing coin and medal production operations.
This contract does not have a set-aside designation, and there are no major subcontractors mentioned in the provided information.
Quick answers
Who was awarded contract 2031JG24F51013?
2031JG24F51013 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 22, 2024.
How much is contract 2031JG24F51013 worth?
The government has obligated $3,765,787 on 2031JG24F51013.
Is contract 2031JG24F51013 an order under another contract?
Yes. 2031JG24F51013 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51013 competed?
The extent of competition for 2031JG24F51013 was full and open competition.
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