Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51078
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,904,676
Award facts
- Contract value 100% obligated
- $1,904,675.70 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 under the Department of the Treasury. The contract, valued at $1,904,675.70, 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 of precious metals.
The award is a delivery order under two indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The first IDV, awarded in June 2021, 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.
This contract does not have a set-aside designation, and there are no noted major subcontractors. The award supports the United States Mint's ongoing coin and medal production operations by providing a consistent and reliable supply of precious metals from an international source.
Quick answers
Who was awarded contract 2031JG24F51078?
2031JG24F51078 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 17, 2024.
How much is contract 2031JG24F51078 worth?
The government has obligated $1,904,676 on 2031JG24F51078.
Is contract 2031JG24F51078 an order under another contract?
Yes. 2031JG24F51078 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51078 competed?
The extent of competition for 2031JG24F51078 was full and open competition.
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