Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51043
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,873,915
Award facts
- Contract value 100% obligated
- $3,873,915.32 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 under the U.S. Department of the Treasury. The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management of precious metals.
The contract is a firm fixed price delivery order with a ceiling value of $3,873,915.32 and a period of performance through July 25, 2024. Stonex Financial LTD holds two significant 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. This award appears to be a delivery order issued under one of those IDV contracts, allowing the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F51043?
2031JG24F51043 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 17, 2024.
How much is contract 2031JG24F51043 worth?
The government has obligated $3,873,915 on 2031JG24F51043.
Is contract 2031JG24F51043 an order under another contract?
Yes. 2031JG24F51043 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51043 competed?
The extent of competition for 2031JG24F51043 was full and open competition.
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