Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52252
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,574,492
Award facts
- Contract value 100% obligated
- $2,574,491.55 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 $2,574,491.55, 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, without any set-aside designation, and has an ultimate completion date of February 16, 2024.
Stonex Financial LTD has established itself as a critical vendor for the United States Mint, delivering essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals. 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 supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F52252?
2031JG24F52252 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 7, 2024.
How much is contract 2031JG24F52252 worth?
The government has obligated $2,574,492 on 2031JG24F52252.
Is contract 2031JG24F52252 an order under another contract?
Yes. 2031JG24F52252 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F52252 competed?
The extent of competition for 2031JG24F52252 was full and open competition.
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