Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51025
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,663,995
Award facts
- Contract value 100% obligated
- $5,663,995.32 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 is a federal contract award to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals. The contract, valued at $5,663,995.32, is a delivery order for raw gold bullion awarded by the United States Mint, a civilian agency. The contract has a firm fixed price pricing type and an ultimate completion date of June 28, 2024. Stonex Financial LTD has been awarded numerous similar delivery order contracts with the U.S. Mint since 2021, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (up to $10 billion ceiling) and raw gold bullion. These contracts enable the U.S. Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F51025?
2031JG24F51025 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 18, 2024.
How much is contract 2031JG24F51025 worth?
The government has obligated $5,663,995 on 2031JG24F51025.
Is contract 2031JG24F51025 an order under another contract?
Yes. 2031JG24F51025 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51025 competed?
The extent of competition for 2031JG24F51025 was full and open competition.
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