Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51547
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,350,937
Award facts
- Contract value 100% obligated
- $4,350,936.73 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 award, valued at $4,350,936.73, was issued to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, on February 28, 2022. This is a firm fixed price delivery order contract with a period of performance ending on March 4, 2022. 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 IDV for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDVs, the Mint regularly issues 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 for the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51547?
2031JG22F51547 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 28, 2022.
How much is contract 2031JG22F51547 worth?
The government has obligated $4,350,937 on 2031JG22F51547.
Is contract 2031JG22F51547 an order under another contract?
Yes. 2031JG22F51547 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51547 competed?
The extent of competition for 2031JG22F51547 was full and open competition.
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