Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52250
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,538,282
Award facts
- Contract value 100% obligated
- $1,538,281.70 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 of the U.S. government. The contract, valued at $1,538,281.70, 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 with a focus on precious metals.
The contract is a firm fixed-price delivery order, with an ultimate completion date of February 8, 2024. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and an additional IDV for raw gold bullion supply. These contracts enable the 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 2031JG24F52250?
2031JG24F52250 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 31, 2024.
How much is contract 2031JG24F52250 worth?
The government has obligated $1,538,282 on 2031JG24F52250.
Is contract 2031JG24F52250 an order under another contract?
Yes. 2031JG24F52250 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F52250 competed?
The extent of competition for 2031JG24F52250 was full and open competition.
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