Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51537
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,493,964
Award facts
- Contract value 100% obligated
- $3,493,964.02 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, awarded on February 15, 2022, is a firm fixed-price delivery order with a total ceiling value of $3,493,964.02 and an ultimate completion date of February 23, 2022.
The prime contractor for this award is 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. Stonex Financial LTD has been awarded numerous delivery order contracts exclusively with the United States Mint, ranging from $1 million to $22 million per order, for the supply of raw precious materials including gold, silver, and palladium.
This contract award is not associated with a set-aside designation. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion supply, which allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51537?
2031JG22F51537 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 15, 2022.
How much is contract 2031JG22F51537 worth?
The government has obligated $3,493,964 on 2031JG22F51537.
Is contract 2031JG22F51537 an order under another contract?
Yes. 2031JG22F51537 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51537 competed?
The extent of competition for 2031JG22F51537 was full and open competition.
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