Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51391
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,902,235
Award facts
- Contract value 100% obligated
- $2,902,235.04 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 to Stonex Financial LTD, doing business as Intl, is for the delivery of raw gold bullion to the United States Mint. The $2,902,235.04 firm fixed price delivery order contract does not have a set-aside designation. Stonex Financial is an international for-profit organization based in the United Kingdom that specializes in global commodity trading and risk management, with a focus on precious metals. The company holds two indefinite delivery vehicle (IDV) contracts with the U.S. Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial, typically valued between $10 million and $16 million, to maintain a steady and reliable supply of precious metals from an international source in support of the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51391?
2031JG22F51391 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 19, 2021.
How much is contract 2031JG22F51391 worth?
The government has obligated $2,902,235 on 2031JG22F51391.
Is contract 2031JG22F51391 an order under another contract?
Yes. 2031JG22F51391 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51391 competed?
The extent of competition for 2031JG22F51391 was full and open competition.
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