Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51577
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,732,810
Award facts
- Contract value 100% obligated
- $5,732,810.40 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 to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $5,732,810.40 and a period of performance ending on April 8, 2022. This contract is not set aside for any particular business type.
Stonex Financial LTD is an established supplier of precious metals to the United States Mint, providing raw materials such as gold, silver, and palladium used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDVs, the Mint routinely 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.
Quick answers
Who was awarded contract 2031JG22F51577?
2031JG22F51577 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 30, 2022.
How much is contract 2031JG22F51577 worth?
The government has obligated $5,732,810 on 2031JG22F51577.
Is contract 2031JG22F51577 an order under another contract?
Yes. 2031JG22F51577 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51577 competed?
The extent of competition for 2031JG22F51577 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