Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51592
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,408,392
Award facts
- Contract value 100% obligated
- $4,408,391.60 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 under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
The contract, valued at $4,408,391.60, is a firm fixed price delivery order with an ultimate completion date of April 15, 2022. Stonex Financial LTD was awarded this contract as part of two larger indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51592?
2031JG22F51592 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 7, 2022.
How much is contract 2031JG22F51592 worth?
The government has obligated $4,408,392 on 2031JG22F51592.
Is contract 2031JG22F51592 an order under another contract?
Yes. 2031JG22F51592 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51592 competed?
The extent of competition for 2031JG22F51592 was full and open competition.
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