Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52253
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,928,335
Award facts
- Contract value 100% obligated
- $4,928,334.82 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 was issued by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,928,334.82 and a completion date of February 16, 2024.
The contract is a delivery order under a larger indefinite delivery vehicle (IDV) contract between the United States Mint and Stonex Financial LTD for the supply of precious metals, including gold, silver, and palladium. The IDV contracts, awarded in June 2021, have a combined ceiling value of over $10 billion and extend through December 2040, allowing the Mint to maintain a steady and reliable supply of critical raw materials from this international supplier.
The contract does not have a set-aside designation, and there are no reported major subcontractors. This award demonstrates Stonex Financial LTD's specialized capability in supplying high-value precious metal raw materials to support the United States Mint's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F52253?
2031JG24F52253 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 7, 2024.
How much is contract 2031JG24F52253 worth?
The government has obligated $4,928,335 on 2031JG24F52253.
Is contract 2031JG24F52253 an order under another contract?
Yes. 2031JG24F52253 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F52253 competed?
The extent of competition for 2031JG24F52253 was full and open competition.
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