Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51524
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,198,254
Award facts
- Contract value 100% obligated
- $5,198,254.04 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 federal agency. 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 is a firm fixed price delivery order valued at $5,198,254.04, with a completion date of February 15, 2022. It is not set aside for any specific business type. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of raw silver and gold materials, with a combined ceiling value exceeding $10 billion. 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, 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 2031JG22F51524?
2031JG22F51524 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 4, 2022.
How much is contract 2031JG22F51524 worth?
The government has obligated $5,198,254 on 2031JG22F51524.
Is contract 2031JG22F51524 an order under another contract?
Yes. 2031JG22F51524 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51524 competed?
The extent of competition for 2031JG22F51524 was full and open competition.
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