Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51018
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,048,291
Award facts
- Contract value 100% obligated
- $3,048,290.64 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 within the U.S. government. The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management of precious metals.
The contract, awarded on May 28, 2024, is a firm fixed price delivery order with a ceiling value of $3,048,290.64 and a performance period ending on June 13, 2024. This contract is not designated as a set-aside. Stonex Financial LTD has been awarded multiple similar delivery order contracts with the United States Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for the supply of silver and gold raw materials. These IDVs, awarded in June 2021, have ceiling values of $10 billion for silver and an unspecified amount for gold, demonstrating Stonex Financial LTD's strategic role as a critical supplier of precious metals to the United States Mint.
Quick answers
Who was awarded contract 2031JG24F51018?
2031JG24F51018 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 28, 2024.
How much is contract 2031JG24F51018 worth?
The government has obligated $3,048,291 on 2031JG24F51018.
Is contract 2031JG24F51018 an order under another contract?
Yes. 2031JG24F51018 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51018 competed?
The extent of competition for 2031JG24F51018 was full and open competition.
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