Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51106
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,156,245
Award facts
- Contract value 100% obligated
- $4,156,244.96 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 is a firm fixed price delivery order contract awarded 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 $4,156,244.96 and a performance period extending through December 6, 2024.
Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, primarily for the supply of precious metals such as gold, silver, and palladium. 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 contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
The contract does not have a set-aside designation, and there is no information provided about major subcontractors. The award represents a strategic procurement approach by the United States Mint to source essential raw materials from a proven international supplier.
Quick answers
Who was awarded contract 2031JG25F51106?
2031JG25F51106 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 25, 2024.
How much is contract 2031JG25F51106 worth?
The government has obligated $4,156,245 on 2031JG25F51106.
Is contract 2031JG25F51106 an order under another contract?
Yes. 2031JG25F51106 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51106 competed?
The extent of competition for 2031JG25F51106 was full and open competition.
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