Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52249
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,319,223
Award facts
- Contract value 100% obligated
- $3,319,222.68 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 within the U.S. government. The contract, valued at $3,319,222.68, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, on January 31, 2024. The contract has a firm fixed price and is a delivery order, with an ultimate completion date of February 8, 2024.
Stonex Financial LTD, doing business as Intl, specializes in global commodity trading and risk management, particularly in precious metals. The company has established itself as a key supplier of raw materials to the United States Mint, providing precious metals such as gold, silver, and palladium under multiple indefinite delivery vehicle (IDV) contracts with ceiling values up to $10 billion. These IDV contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F52249?
2031JG24F52249 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 31, 2024.
How much is contract 2031JG24F52249 worth?
The government has obligated $3,319,223 on 2031JG24F52249.
Is contract 2031JG24F52249 an order under another contract?
Yes. 2031JG24F52249 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F52249 competed?
The extent of competition for 2031JG24F52249 was full and open competition.
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