Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51445
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,382,173
Award facts
- Contract value 100% obligated
- $4,382,172.90 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 of the U.S. government. 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, particularly for precious metals.
The award, valued at $4,382,172.90, is a firm fixed price delivery order contract with a completion date of December 9, 2021. It appears to be one of multiple delivery order contracts Stonex Financial LTD has received from the United States Mint, as the company also holds two significant indefinite delivery vehicle (IDV) contracts with the agency for the supply of silver and gold raw materials, with a combined ceiling value of over $10 billion. These IDV contracts allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations. There is no set-aside designation for this particular contract award.
Quick answers
Who was awarded contract 2031JG22F51445?
2031JG22F51445 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 29, 2021.
How much is contract 2031JG22F51445 worth?
The government has obligated $4,382,173 on 2031JG22F51445.
Is contract 2031JG22F51445 an order under another contract?
Yes. 2031JG22F51445 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51445 competed?
The extent of competition for 2031JG22F51445 was full and open competition.
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