Raw gold bullion

Ended Awarded

Contract number
2031JG24F51045
Awardee
Awarding agency
Obligated
$1,840,362

Award facts

Contract value 100% obligated
$1,840,361.78 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 of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.

The contract, valued at $1,840,361.78, is a firm fixed price delivery order contract with an ultimate completion date of July 25, 2024. It is not associated with any set-aside designation. Stonex Financial LTD appears to be a long-standing and critical supplier of precious metals to the United States Mint, having been awarded numerous delivery order contracts as well as two significant indefinite delivery vehicle (IDV) contracts for silver and gold raw materials with the agency. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG24F51045?

2031JG24F51045 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 17, 2024.

How much is contract 2031JG24F51045 worth?

The government has obligated $1,840,362 on 2031JG24F51045.

Is contract 2031JG24F51045 an order under another contract?

Yes. 2031JG24F51045 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51045 competed?

The extent of competition for 2031JG24F51045 was full and open competition.

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