Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51065
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,187,477
Award facts
- Contract value 100% obligated
- $3,187,476.53 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 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, a firm fixed price delivery order, has a ceiling value of $3,187,476.53 and a period of performance ending on September 13, 2024. Stonex Financial LTD has been awarded multiple delivery order contracts by the United States Mint in recent years, ranging from $1 million to $22 million per order, for the supply of raw precious metals including gold, silver, and palladium. These contracts support the Mint's coin and medal production operations and demonstrate Stonex's role as a critical vendor for the agency.
The contract is not associated with any set-aside designation. Stonex Financial LTD also 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, which allow the Mint to consistently source critical raw materials from this proven international supplier.
Quick answers
Who was awarded contract 2031JG24F51065?
2031JG24F51065 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 28, 2024.
How much is contract 2031JG24F51065 worth?
The government has obligated $3,187,477 on 2031JG24F51065.
Is contract 2031JG24F51065 an order under another contract?
Yes. 2031JG24F51065 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51065 competed?
The extent of competition for 2031JG24F51065 was full and open competition.
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