Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51440
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,562,612
Award facts
- Contract value 100% obligated
- $1,562,612.04 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 under the Department of the Treasury. 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 of precious metals.
The contract, valued at $1,562,612.04, is a firm fixed price delivery order with an ultimate completion date of December 9, 2021. Stonex Financial LTD has been awarded numerous similar delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium.
Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint: a $10 billion multiple-award contract for silver raw materials, and another IDV for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51440?
2031JG22F51440 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 29, 2021.
How much is contract 2031JG22F51440 worth?
The government has obligated $1,562,612 on 2031JG22F51440.
Is contract 2031JG22F51440 an order under another contract?
Yes. 2031JG22F51440 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51440 competed?
The extent of competition for 2031JG22F51440 was full and open competition.
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