Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51039
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,729,862
Award facts
- Contract value 100% obligated
- $3,729,862.07 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $3,729,862.07 firm fixed price delivery order contract is for the supply of raw gold bullion, with a performance period through July 2024.
Stonex Financial LTD holds two indefinite delivery vehicle (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. Under these IDVs, the Mint regularly issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady supply of precious metals from this international source. This strategic procurement approach allows the Mint to reliably source critical raw materials needed for ongoing coin and medal production operations. The contract does not have any set-aside designation.
Quick answers
Who was awarded contract 2031JG24F51039?
2031JG24F51039 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 9, 2024.
How much is contract 2031JG24F51039 worth?
The government has obligated $3,729,862 on 2031JG24F51039.
Is contract 2031JG24F51039 an order under another contract?
Yes. 2031JG24F51039 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51039 competed?
The extent of competition for 2031JG24F51039 was full and open competition.
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