Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51066
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,996,653
Award facts
- Contract value 100% obligated
- $3,996,653.42 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 a delivery order contract between the United States Mint 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 $3,996,653.42 and a completion date of September 13, 2024. The contract is a firm fixed price delivery order and does not have a set-aside designation.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals such as gold, silver, and palladium to the United States government. The company has been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order. These contracts support the Mint's ongoing coin and medal production operations by providing a reliable source of critical raw materials.
In addition to the current delivery order contract, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint. The primary IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated.
Quick answers
Who was awarded contract 2031JG24F51066?
2031JG24F51066 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 28, 2024.
How much is contract 2031JG24F51066 worth?
The government has obligated $3,996,653 on 2031JG24F51066.
Is contract 2031JG24F51066 an order under another contract?
Yes. 2031JG24F51066 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51066 competed?
The extent of competition for 2031JG24F51066 was full and open competition.
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