Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51451
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,317,680
Award facts
- Contract value 100% obligated
- $2,317,680.02 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 federal contract award to Stonex Financial LTD, a for-profit organization based in London, UK, is a firm fixed-price delivery order contract for the supply of raw gold bullion to the United States Mint. The contract has a ceiling value of $2,317,680.02 and was awarded on December 14, 2021, with a completion date of December 20, 2021. The contract is not designated as a set-aside.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company 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 supply. Under these IDVs, the Mint routinely issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These contracts enable the United States Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51451?
2031JG22F51451 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 14, 2021.
How much is contract 2031JG22F51451 worth?
The government has obligated $2,317,680 on 2031JG22F51451.
Is contract 2031JG22F51451 an order under another contract?
Yes. 2031JG22F51451 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51451 competed?
The extent of competition for 2031JG22F51451 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award