Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51034
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,634,906
Award facts
- Contract value 100% obligated
- $2,634,905.90 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 firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, for the supply of raw gold bullion. The contract has a ceiling value of $2,634,905.90 and an ultimate completion date of July 5, 2024.
Stonex Financial LTD is an established vendor for the United States Mint, holding multiple indefinite delivery vehicle (IDV) contracts for the supply of precious metals, including a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion. Under these IDVs, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of critical raw materials for the agency's coin and medal production operations. This contract award is not associated with any set-aside designation.
Quick answers
Who was awarded contract 2031JG24F51034?
2031JG24F51034 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 26, 2024.
How much is contract 2031JG24F51034 worth?
The government has obligated $2,634,906 on 2031JG24F51034.
Is contract 2031JG24F51034 an order under another contract?
Yes. 2031JG24F51034 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51034 competed?
The extent of competition for 2031JG24F51034 was full and open competition.
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