Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG22F51450
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,478,129
Award facts
- Contract value 100% obligated
- $4,478,128.84 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $37,394 | |
| Original award | $4,440,735 |
About this award
This federal contract award was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,478,128.84 firm-fixed-price delivery order contract is for the supply of raw gold bullion. The contract does not have a set-aside designation.
Stonex Financial LTD appears to be a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (with a $10 billion ceiling value) and raw gold bullion. These contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51450?
2031JG22F51450 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 14, 2021.
How much is contract 2031JG22F51450 worth?
The government has obligated $4,478,129 on 2031JG22F51450.
Is contract 2031JG22F51450 an order under another contract?
Yes. 2031JG22F51450 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51450 competed?
The extent of competition for 2031JG22F51450 was full and open competition.
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