Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51532
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,938,650
Award facts
- Contract value 100% obligated
- $2,938,649.80 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 is a firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,938,649.80 and an ultimate completion date of February 23, 2022.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals to the United States government, particularly the United States Mint. This contract is one of several delivery order contracts the company has been awarded by the Mint, ranging from $1 million to $22 million per order, for the provision of raw materials including gold, silver, and palladium. The contract does not have a set-aside designation.
In addition to this specific delivery order, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint. These IDVs, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51532?
2031JG22F51532 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 15, 2022.
How much is contract 2031JG22F51532 worth?
The government has obligated $2,938,650 on 2031JG22F51532.
Is contract 2031JG22F51532 an order under another contract?
Yes. 2031JG22F51532 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51532 competed?
The extent of competition for 2031JG22F51532 was full and open competition.
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