Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51479
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,324,906
Award facts
- Contract value 100% obligated
- $4,324,905.71 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
The U.S. government, through the United States Mint, has awarded a firm fixed price delivery order contract valued at $4,324,905.71 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to support the Mint's ongoing coin and medal production operations.
Stonex Financial LTD appears to hold 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. The contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source. This contract award has no set-aside designation.
Quick answers
Who was awarded contract 2031JG22F51479?
2031JG22F51479 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 4, 2022.
How much is contract 2031JG22F51479 worth?
The government has obligated $4,324,906 on 2031JG22F51479.
Is contract 2031JG22F51479 an order under another contract?
Yes. 2031JG22F51479 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51479 competed?
The extent of competition for 2031JG22F51479 was full and open competition.
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