Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG22F51545
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,487,361
Award facts
- Contract value 100% obligated
- $3,487,361.35 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$0 | |
| Funding Only Action | $0 | |
| Modification | $3,450,065 | |
| Other Administrative Action | $37,296 |
About this award
This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, 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 $3,487,361.35 and a performance period ending on March 1, 2022. The contract is not set-aside and is part of larger indefinite delivery vehicle (IDV) contracts between the United States Mint and Stonex Financial LTD, which provide a reliable supply of precious metals such as gold, silver, and palladium to support the agency's ongoing coin and medal production operations. These IDV contracts represent a strategic procurement approach, with the United States Mint routinely issuing firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each.
Quick answers
Who was awarded contract 2031JG22F51545?
2031JG22F51545 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 23, 2022.
How much is contract 2031JG22F51545 worth?
The government has obligated $3,487,361 on 2031JG22F51545.
Is contract 2031JG22F51545 an order under another contract?
Yes. 2031JG22F51545 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51545 competed?
The extent of competition for 2031JG22F51545 was full and open competition.
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