Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51600
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,491,506
Award facts
- Contract value 100% obligated
- $4,491,506.08 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 of the U.S. government. 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 for precious metals.
The contract has a ceiling value of $4,491,506.08 and is a firm fixed price delivery order, with an ultimate completion date of April 19, 2022. Stonex Financial LTD is the prime contractor, and there are no set-aside designations mentioned. This contract is part of the company's broader relationship with the United States Mint, as Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the agency for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion (with an unspecified ceiling value). These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51600?
2031JG22F51600 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 11, 2022.
How much is contract 2031JG22F51600 worth?
The government has obligated $4,491,506 on 2031JG22F51600.
Is contract 2031JG22F51600 an order under another contract?
Yes. 2031JG22F51600 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51600 competed?
The extent of competition for 2031JG22F51600 was full and open competition.
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