The United States Mint, a civilian agency within the U.S. government, has awarded Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, an Indefinite Delivery Contract (IDC) with a ceiling value of $10 billion. Under this IDC, the Mint is procuring raw gold bullion to support its ongoing production of circulating coins, commemorative coins, bullion coins, and national medals. Stonex Financial LTD, which specializes in global commodity trading and risk management focused on precious metals, has been awarded multiple firm fixed price delivery order contracts valued between $1 million and $22 million for the supply of gold, silver, and palladium raw materials. The Mint has also awarded Stonex Financial LTD two significant indefinite delivery vehicle (IDV) contracts, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion supply, to ensure a steady and reliable supply of critical precious metal raw materials from an international source. These IDV contracts allow the Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD to support the agency's ongoing coin and medal production operations. None of the task orders under this IDC have set-aside designations, indicating they were competed on an unrestricted basis.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| P00001 | Other Administrative Action | $0 | 9/4/20 | |
| Not listed | Not listed | $0 | 6/4/20 |
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Completion Date (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
Delivery Order 2031JG20D00010-2031JG23F51920 | Stonex Financial LTD | $1.6m | 2/13/23 | 2/21/23 | 2/13/23 | |
Delivery Order 2031JG20D00010-2031JG21F51077 | Stonex Financial LTD | $4.4m | 11/3/20 | 11/9/20 | 11/3/20 | |
Delivery Order 2031JG20D00010-2031JG23F52029 | Stonex Financial LTD | $3.2m | 4/20/23 | 4/26/23 | 4/20/23 | |
Delivery Order 2031JG20D00010-2031JG22F51490 | Stonex Financial LTD | $2.9m | 1/19/22 | 1/26/22 | 1/19/22 | |
Delivery Order 2031JG20D00010-2031JG23F51863 | Stonex Financial LTD | $1.4m | 10/26/22 | 11/1/22 | 10/26/22 |