Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51086
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,385,206
Award facts
- Contract value 100% obligated
- $6,385,205.68 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
This federal contract award, valued at $6,385,205.68, is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract is a delivery order issued under two indefinite delivery vehicles (IDVs) held by the awardee, Stonex Financial LTD, doing business as Intl. The first IDV is a multiple-award contract with a $10 billion ceiling for the provision of silver raw materials, while the second IDV appears to be for raw gold bullion, though the details were not explicitly provided. Stonex Financial LTD, a for-profit international organization based in Great Britain, serves as the prime contractor without any identified subcontractors. The contract does not carry a set-aside designation. Through these IDVs, the United States Mint is able to maintain a steady supply of precious metals, including gold and silver, for its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F51086?
2031JG25F51086 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 9, 2024.
How much is contract 2031JG25F51086 worth?
The government has obligated $6,385,206 on 2031JG25F51086.
Is contract 2031JG25F51086 an order under another contract?
Yes. 2031JG25F51086 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51086 competed?
The extent of competition for 2031JG25F51086 was full and open competition.
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