Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51441
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,344,170
Award facts
- Contract value 100% obligated
- $2,344,170.09 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 is a firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of $2,344,170.09 in raw gold bullion and has a period of performance ending on December 3, 2021.
Stonex Financial LTD appears to be a critical supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint since 2021, ranging from $1 million to $22 million per order. Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion. 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.
The contract does not have a set-aside designation. It is a firm fixed price delivery order contract, with the raw gold bullion being delivered from Stonex Financial LTD's facilities in Great Britain to the United States Mint's production centers.
Quick answers
Who was awarded contract 2031JG22F51441?
2031JG22F51441 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 26, 2021.
How much is contract 2031JG22F51441 worth?
The government has obligated $2,344,170 on 2031JG22F51441.
Is contract 2031JG22F51441 an order under another contract?
Yes. 2031JG22F51441 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51441 competed?
The extent of competition for 2031JG22F51441 was full and open competition.
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