Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51437
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,424,570
Award facts
- Contract value 100% obligated
- $4,424,570.34 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,424,570.34. This delivery order contract is associated with two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDV contracts, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. The contract does not have a set-aside designation, and there is no information provided about any major subcontractors. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51437?
2031JG22F51437 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 29, 2021.
How much is contract 2031JG22F51437 worth?
The government has obligated $4,424,570 on 2031JG22F51437.
Is contract 2031JG22F51437 an order under another contract?
Yes. 2031JG22F51437 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51437 competed?
The extent of competition for 2031JG22F51437 was full and open competition.
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