Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51019
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,448,975
Award facts
- Contract value 100% obligated
- $4,448,975.06 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 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 with a focus on precious metals.
The contract has a firm fixed price, with a ceiling value of $4,448,975.06, and an ultimate completion date of June 13, 2024. This appears to be a delivery order contract, likely issued under one or more larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The IDVs allow the Mint to consistently source critical raw materials, such as gold, silver, and palladium, from this proven international supplier to support the agency's ongoing coin and medal production operations. No set-aside designation was used for this contract.
Quick answers
Who was awarded contract 2031JG24F51019?
2031JG24F51019 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 5, 2024.
How much is contract 2031JG24F51019 worth?
The government has obligated $4,448,975 on 2031JG24F51019.
Is contract 2031JG24F51019 an order under another contract?
Yes. 2031JG24F51019 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51019 competed?
The extent of competition for 2031JG24F51019 was full and open competition.
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