Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51512
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,084,169
Award facts
- Contract value 100% obligated
- $5,084,168.95 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
The U.S. Mint awarded a firm fixed-price delivery order contract to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, to provide raw gold bullion. The $5,084,168.95 contract supports the Mint's ongoing coin and medal production operations and is part of a larger $10 billion indefinite delivery vehicle (IDV) contract for silver raw materials that was awarded to Stonex Financial LTD in June 2021. The contract does not have a set-aside designation and was awarded directly to the prime contractor Stonex Financial LTD, which specializes in global commodity trading and risk management with a focus on precious metals. This contract enables the U.S. Mint to maintain a reliable supply of critical raw materials from an international source to fulfill its mission.
Quick answers
Who was awarded contract 2031JG22F51512?
2031JG22F51512 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 4, 2022.
How much is contract 2031JG22F51512 worth?
The government has obligated $5,084,169 on 2031JG22F51512.
Is contract 2031JG22F51512 an order under another contract?
Yes. 2031JG22F51512 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51512 competed?
The extent of competition for 2031JG22F51512 was full and open competition.
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