Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51035
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,645,282
Award facts
- Contract value 100% obligated
- $2,645,281.57 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 agency within the U.S. government. The prime contractor, Stonex Financial LTD, is a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly for precious metals.
The contract, valued at $2,645,281.57, is a firm fixed price delivery order awarded under two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the U.S. Mint. These IDVs, valued up to $10 billion, allow the Mint to consistently source critical raw materials like gold, silver, and palladium from this proven international supplier to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F51035?
2031JG24F51035 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 26, 2024.
How much is contract 2031JG24F51035 worth?
The government has obligated $2,645,282 on 2031JG24F51035.
Is contract 2031JG24F51035 an order under another contract?
Yes. 2031JG24F51035 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51035 competed?
The extent of competition for 2031JG24F51035 was full and open competition.
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