Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51594
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,520,123
Award facts
- Contract value 100% obligated
- $4,520,123.09 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, valued at $4,520,123.09, 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 with a focus on precious metals.
This contract is a delivery order issued under two existing indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint. The primary IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated. 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. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG22F51594?
2031JG22F51594 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 7, 2022.
How much is contract 2031JG22F51594 worth?
The government has obligated $4,520,123 on 2031JG22F51594.
Is contract 2031JG22F51594 an order under another contract?
Yes. 2031JG22F51594 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51594 competed?
The extent of competition for 2031JG22F51594 was full and open competition.
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