Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51395
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,855,022
Award facts
- Contract value 100% obligated
- $2,855,022.26 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 prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly for precious metals.
The contract is a $2,855,022.26 firm fixed price delivery order awarded on October 19, 2021, with a completion date of October 28, 2021. This contract is part of two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. The IDVs allow the Mint to consistently source critical raw materials from this proven international supplier to support their ongoing coin and medal production operations. This contract award did not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG22F51395?
2031JG22F51395 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 19, 2021.
How much is contract 2031JG22F51395 worth?
The government has obligated $2,855,022 on 2031JG22F51395.
Is contract 2031JG22F51395 an order under another contract?
Yes. 2031JG22F51395 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51395 competed?
The extent of competition for 2031JG22F51395 was full and open competition.
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