Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51421
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,091,604
Award facts
- Contract value 100% obligated
- $4,091,603.60 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 within 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 in precious metals.
The contract, valued at $4,091,603.60, is a firm fixed-price delivery order with a completion date of November 23, 2021. It is not designated as a set-aside contract. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion supply. These contracts enable the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51421?
2031JG22F51421 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 15, 2021.
How much is contract 2031JG22F51421 worth?
The government has obligated $4,091,604 on 2031JG22F51421.
Is contract 2031JG22F51421 an order under another contract?
Yes. 2031JG22F51421 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51421 competed?
The extent of competition for 2031JG22F51421 was full and open competition.
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