Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51101
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,498,877
Award facts
- Contract value 100% obligated
- $3,498,877.38 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 $3,498,877.38 firm fixed price delivery order contract 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 of precious metals.
Stonex Financial LTD has been awarded numerous delivery order contracts exclusively with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of raw precious metal materials including gold, silver, and palladium. The company also 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, which allow the agency to routinely issue firm fixed price delivery orders to the vendor. These contracts enable the United States Mint to maintain a 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 2031JG25F51101?
2031JG25F51101 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 6, 2024.
How much is contract 2031JG25F51101 worth?
The government has obligated $3,498,877 on 2031JG25F51101.
Is contract 2031JG25F51101 an order under another contract?
Yes. 2031JG25F51101 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51101 competed?
The extent of competition for 2031JG25F51101 was full and open competition.
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