Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51029
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,705,570
Award facts
- Contract value 100% obligated
- $3,705,570.49 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 federal agency. 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 delivery order under an indefinite delivery vehicle (IDV) contract, with a ceiling value of $3,705,570.49 and a period of performance ending on June 28, 2024. Stonex Financial LTD holds two significant IDV contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. The contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F51029?
2031JG24F51029 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 18, 2024.
How much is contract 2031JG24F51029 worth?
The government has obligated $3,705,570 on 2031JG24F51029.
Is contract 2031JG24F51029 an order under another contract?
Yes. 2031JG24F51029 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51029 competed?
The extent of competition for 2031JG24F51029 was full and open competition.
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