Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51026
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,633,652
Award facts
- Contract value 100% obligated
- $2,633,651.70 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 international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals. The contract, awarded by the United States Mint, is for the delivery of raw gold bullion with a ceiling value of $2,633,651.70. This is a firm fixed price delivery order contract with no set-aside designation.
Stonex Financial LTD has been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F51026?
2031JG24F51026 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 18, 2024.
How much is contract 2031JG24F51026 worth?
The government has obligated $2,633,652 on 2031JG24F51026.
Is contract 2031JG24F51026 an order under another contract?
Yes. 2031JG24F51026 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51026 competed?
The extent of competition for 2031JG24F51026 was full and open competition.
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