Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51060
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,914,609
Award facts
- Contract value 100% obligated
- $3,914,609.32 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 contract award is a $3,914,609.32 firm fixed price delivery order for raw gold bullion, issued by the United States Mint 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 an ultimate completion date of August 30, 2024.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and another IDV for raw gold bullion supply. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F51060?
2031JG24F51060 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 19, 2024.
How much is contract 2031JG24F51060 worth?
The government has obligated $3,914,609 on 2031JG24F51060.
Is contract 2031JG24F51060 an order under another contract?
Yes. 2031JG24F51060 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51060 competed?
The extent of competition for 2031JG24F51060 was full and open competition.
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