Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51411
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,172,455
Award facts
- Contract value 100% obligated
- $4,172,455.00 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 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 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, particularly in precious metals.
The contract has a firm fixed price of $4,172,455.00 and was awarded on November 8, 2021, with a completion date of November 18, 2021. This appears to be a delivery order issued under an Indefinite Delivery Vehicle (IDV) contract between Stonex Financial LTD and the United States Mint, which allows the agency to regularly source critical raw materials from this proven international supplier. The IDV contracts, including one with a $10 billion ceiling value for silver raw materials, demonstrate the strategic importance of Stonex Financial LTD as a key vendor for the United States Mint's coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51411?
2031JG22F51411 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 8, 2021.
How much is contract 2031JG22F51411 worth?
The government has obligated $4,172,455 on 2031JG22F51411.
Is contract 2031JG22F51411 an order under another contract?
Yes. 2031JG22F51411 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51411 competed?
The extent of competition for 2031JG22F51411 was full and open competition.
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