Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51447
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,341,961
Award facts
- Contract value 100% obligated
- $4,341,960.73 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 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 $4,341,960.73 and a performance period ending on December 9, 2021. This contract is not associated with any set-aside designation.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts, ranging from $1 million to $22 million each, to provide these raw materials. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion, though the specific ceiling value is not provided. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51447?
2031JG22F51447 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 29, 2021.
How much is contract 2031JG22F51447 worth?
The government has obligated $4,341,961 on 2031JG22F51447.
Is contract 2031JG22F51447 an order under another contract?
Yes. 2031JG22F51447 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51447 competed?
The extent of competition for 2031JG22F51447 was full and open competition.
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