Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52232
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,284,113
Award facts
- Contract value 100% obligated
- $2,284,112.87 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
The U.S. government has awarded a firm fixed price delivery order contract to 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, a civilian agency of the U.S. government. The contract has a ceiling value of $2,284,112.87 and a performance period through November 20, 2023. Stonex Financial LTD has been identified as a critical supplier of precious metals, including gold, silver, and palladium, to the U.S. Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDVs, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from this international source. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F52232?
2031JG24F52232 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 15, 2023.
How much is contract 2031JG24F52232 worth?
The government has obligated $2,284,113 on 2031JG24F52232.
Is contract 2031JG24F52232 an order under another contract?
Yes. 2031JG24F52232 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F52232 competed?
The extent of competition for 2031JG24F52232 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award