Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51062
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,071,311
Award facts
- Contract value 100% obligated
- $6,071,311.39 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 is a delivery order contract awarded to Stonex Financial LTD, a for-profit organization based in the United Kingdom, to provide raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract has a ceiling value of $6,071,311.39 and is a firm fixed price delivery order with a period of performance through September 13, 2024.
Stonex Financial LTD appears to be an established vendor for the U.S. Mint, having been awarded numerous precious metal supply contracts since 2021, including a $10 billion indefinite delivery vehicle (IDV) contract for silver raw materials. The current contract does not have a set-aside designation, and the award was made directly to Stonex Financial LTD as the prime contractor, with no mention of any subcontractors. This contract supports the U.S. Mint's ongoing production of circulating coins, commemorative coins, bullion coins, and national medals by providing a reliable source of critical raw materials from an international supplier.
Quick answers
Who was awarded contract 2031JG24F51062?
2031JG24F51062 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 28, 2024.
How much is contract 2031JG24F51062 worth?
The government has obligated $6,071,311 on 2031JG24F51062.
Is contract 2031JG24F51062 an order under another contract?
Yes. 2031JG24F51062 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51062 competed?
The extent of competition for 2031JG24F51062 was full and open competition.
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