Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51548
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,251,283
Award facts
- Contract value 100% obligated
- $4,251,283.45 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is for the delivery of raw gold bullion, with a total ceiling value of $4,251,283.45. The contract award date was February 28, 2022, and the ultimate completion date is March 4, 2022.
Stonex Financial LTD is a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts by the Mint, including a $10 billion ceiling value contract for silver raw materials and an additional IDV 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 critical raw materials for the agency's ongoing coin and medal production operations. This contract award is not associated with any set-aside designations.
Quick answers
Who was awarded contract 2031JG22F51548?
2031JG22F51548 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 28, 2022.
How much is contract 2031JG22F51548 worth?
The government has obligated $4,251,283 on 2031JG22F51548.
Is contract 2031JG22F51548 an order under another contract?
Yes. 2031JG22F51548 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51548 competed?
The extent of competition for 2031JG22F51548 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award