Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51027
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,705,426
Award facts
- Contract value 100% obligated
- $3,705,426.47 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 of the U.S. government. The contract, awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, has a ceiling value of $3,705,426.47.
The contract is a delivery order under an indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint, which allows the agency to consistently source critical raw materials from this proven international supplier. The IDV for raw gold bullion does not have an explicitly stated ceiling value. However, the United States Mint has awarded numerous delivery order contracts to Stonex Financial LTD under this IDV, typically valued between $10 million and $16 million each.
This contract does not have a set-aside designation, and there are no subcontractors mentioned. The contract is a firm fixed price delivery order, with an ultimate completion date of July 8, 2024. The raw gold bullion is to be delivered from Stonex Financial LTD's facilities in Great Britain to the United States Mint's production centers, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F51027?
2031JG24F51027 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 18, 2024.
How much is contract 2031JG24F51027 worth?
The government has obligated $3,705,426 on 2031JG24F51027.
Is contract 2031JG24F51027 an order under another contract?
Yes. 2031JG24F51027 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51027 competed?
The extent of competition for 2031JG24F51027 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award