Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51067
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,020,088
Award facts
- Contract value 100% obligated
- $6,020,087.83 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 is a delivery order under a larger indefinite delivery vehicle (IDV) contract with the United States Mint for the supply of raw gold bullion. The IDV contract does not have an explicitly stated ceiling value. This specific delivery order has a ceiling value of $6,020,087.83 and a firm fixed price pricing type. The contract does not have a set-aside designation.
Stonex Financial LTD has been awarded numerous delivery order contracts exclusively with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metal raw materials including gold, silver, and palladium. These contracts support the Mint's ongoing coin and medal production operations by providing a reliable source of critical raw materials from an international supplier.
Quick answers
Who was awarded contract 2031JG24F51067?
2031JG24F51067 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 4, 2024.
How much is contract 2031JG24F51067 worth?
The government has obligated $6,020,088 on 2031JG24F51067.
Is contract 2031JG24F51067 an order under another contract?
Yes. 2031JG24F51067 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51067 competed?
The extent of competition for 2031JG24F51067 was full and open competition.
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