Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51431
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,505,652
Award facts
- Contract value 100% obligated
- $1,505,652.31 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 was made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $1,505,652.31. It is a firm fixed price delivery order contract, with an ultimate completion date of December 14, 2021.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG22F51431?
2031JG22F51431 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 23, 2021.
How much is contract 2031JG22F51431 worth?
The government has obligated $1,505,652 on 2031JG22F51431.
Is contract 2031JG22F51431 an order under another contract?
Yes. 2031JG22F51431 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51431 competed?
The extent of competition for 2031JG22F51431 was full and open competition.
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