Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51541
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,007,535
Award facts
- Contract value 100% obligated
- $3,007,535.26 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 a firm fixed price delivery order valued at $3,007,535.26, 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 an ultimate completion date of March 1, 2022.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company 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. 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. This latest contract award is one such delivery order issued under the raw gold bullion IDV.
Quick answers
Who was awarded contract 2031JG22F51541?
2031JG22F51541 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 22, 2022.
How much is contract 2031JG22F51541 worth?
The government has obligated $3,007,535 on 2031JG22F51541.
Is contract 2031JG22F51541 an order under another contract?
Yes. 2031JG22F51541 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51541 competed?
The extent of competition for 2031JG22F51541 was full and open competition.
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