Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51552
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,423,442
Award facts
- Contract value 100% obligated
- $4,423,442.35 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 to Stonex Financial LTD, a for-profit organization based in London, UK, is a firm fixed price delivery order contract valued at $4,423,442.35 for the supply of raw gold bullion to the United States Mint. The contract has no set-aside designation and was awarded on February 28, 2022, with a performance period ending on March 15, 2022.
Stonex Financial LTD is an established supplier of precious metals to the U.S. government, having been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, including a $10 billion ceiling IDV for silver raw materials and an additional IDV for raw gold bullion. Through these IDVs, the Mint routinely issues delivery orders to Stonex Financial, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations. This contract award demonstrates the critical role Stonex Financial plays in providing the United States Mint with a steady and reliable supply of precious metals from an international source.
Quick answers
Who was awarded contract 2031JG22F51552?
2031JG22F51552 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 28, 2022.
How much is contract 2031JG22F51552 worth?
The government has obligated $4,423,442 on 2031JG22F51552.
Is contract 2031JG22F51552 an order under another contract?
Yes. 2031JG22F51552 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51552 competed?
The extent of competition for 2031JG22F51552 was full and open competition.
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