Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51492
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,193,265
Award facts
- Contract value 100% obligated
- $2,193,265.39 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.
The contract, valued at $2,193,265.39, is a firm fixed price delivery order with a completion date of January 26, 2022. Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, typically ranging from $10 million to $16 million each, to provide essential raw materials such as gold, silver, and palladium for the production of circulating coins, commemorative coins, bullion coins, and national medals. The contract does not have a set-aside designation.
Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51492?
2031JG22F51492 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 19, 2022.
How much is contract 2031JG22F51492 worth?
The government has obligated $2,193,265 on 2031JG22F51492.
Is contract 2031JG22F51492 an order under another contract?
Yes. 2031JG22F51492 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51492 competed?
The extent of competition for 2031JG22F51492 was full and open competition.
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