Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F51080
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,118,959
Award facts
- Contract value 100% obligated
- $4,118,959.46 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, which does not have a set-aside designation, 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 with a firm fixed price of $4,118,959.46 and an ultimate completion date of October 4, 2024. Stonex Financial LTD is an experienced supplier of precious metals to the United States Mint, having been awarded numerous similar delivery order contracts since 2021, ranging from $1 million to $22 million. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint for the supply of silver and gold raw materials, with a combined ceiling value of at least $10 billion.
These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F51080?
2031JG24F51080 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 23, 2024.
How much is contract 2031JG24F51080 worth?
The government has obligated $4,118,959 on 2031JG24F51080.
Is contract 2031JG24F51080 an order under another contract?
Yes. 2031JG24F51080 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F51080 competed?
The extent of competition for 2031JG24F51080 was full and open competition.
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