Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51539
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,963,685
Award facts
- Contract value 100% obligated
- $2,963,685.01 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 within the U.S. government. The $2,963,685.01 firm fixed price delivery order contract was awarded on February 22, 2022 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract does not have a set-aside designation.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and an unspecified ceiling value contract for raw gold bullion. Under these IDVs, the Mint 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 2031JG22F51539?
2031JG22F51539 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 22, 2022.
How much is contract 2031JG22F51539 worth?
The government has obligated $2,963,685 on 2031JG22F51539.
Is contract 2031JG22F51539 an order under another contract?
Yes. 2031JG22F51539 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51539 competed?
The extent of competition for 2031JG22F51539 was full and open competition.
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