Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51517
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,199,729
Award facts
- Contract value 100% obligated
- $5,199,728.64 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 delivery order contract with the United States Mint, a civilian agency, for the supply of raw gold bullion. The contract has a ceiling value of $5,199,728.64 and was awarded on February 4, 2022, with a completion date of February 15, 2022. The contract is a firm fixed price arrangement with no set-aside designation.
Stonex Financial LTD is a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The company has established itself as a key supplier of raw materials, such as gold, silver, and palladium, to the United States Mint through various indefinite delivery vehicle (IDV) contracts. These IDV contracts, valued up to $10 billion, allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51517?
2031JG22F51517 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 4, 2022.
How much is contract 2031JG22F51517 worth?
The government has obligated $5,199,729 on 2031JG22F51517.
Is contract 2031JG22F51517 an order under another contract?
Yes. 2031JG22F51517 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51517 competed?
The extent of competition for 2031JG22F51517 was full and open competition.
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