Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51050
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,566,699
Award facts
- Contract value 100% obligated
- $4,566,698.96 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 between the United States Mint, a civilian agency, and Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, with a ceiling value of $4,566,698.96 and a period of performance through August 16, 2024.
Stonex Financial LTD, doing business as Intl, has been awarded multiple delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. Additionally, the company 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. These IDVs allow 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.
The contract does not have a set-aside designation, and there is no mention of major subcontractors. The United States Mint, a civilian agency, is the funding agency for this contract.
Quick answers
Who was awarded contract 2031JG24F51050?
2031JG24F51050 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 29, 2024.
How much is contract 2031JG24F51050 worth?
The government has obligated $4,566,699 on 2031JG24F51050.
Is contract 2031JG24F51050 an order under another contract?
Yes. 2031JG24F51050 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51050 competed?
The extent of competition for 2031JG24F51050 was full and open competition.
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