Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51473
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,908,042
Award facts
- Contract value 100% obligated
- $3,908,042.10 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 to Stonex Financial LTD, doing business as Intl, is a firm fixed price delivery order contract valued at $3,908,042.10. The contract was awarded by the United States Mint, a civilian agency, for the delivery of raw gold bullion. The contract has no set-aside designation.
Stonex Financial LTD is an international for-profit organization based in the United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals. The company 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. 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 steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51473?
2031JG22F51473 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 4, 2022.
How much is contract 2031JG22F51473 worth?
The government has obligated $3,908,042 on 2031JG22F51473.
Is contract 2031JG22F51473 an order under another contract?
Yes. 2031JG22F51473 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51473 competed?
The extent of competition for 2031JG22F51473 was full and open competition.
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