Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51036
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,961,834
Award facts
- Contract value 100% obligated
- $1,961,834.21 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 under the Department of the Treasury. The contract, valued at $1,961,834.21, is a firm fixed price delivery order issued to the prime contractor, Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract has no set-aside designation and is part of a larger indefinite delivery vehicle (IDV) contract, likely valued at $10 billion, that Stonex Financial LTD holds with the United States Mint for the supply of precious metals such as gold, silver, and palladium. These IDV contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F51036?
2031JG24F51036 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 26, 2024.
How much is contract 2031JG24F51036 worth?
The government has obligated $1,961,834 on 2031JG24F51036.
Is contract 2031JG24F51036 an order under another contract?
Yes. 2031JG24F51036 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51036 competed?
The extent of competition for 2031JG24F51036 was full and open competition.
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