Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51628
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,690,192
Award facts
- Contract value 100% obligated
- $4,690,192.24 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 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 organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The contract has a ceiling value of $4,690,192.24 and is a firm fixed price delivery order. The award is not associated with a set-aside program. Stonex Financial LTD has been awarded numerous similar contracts with the United States Mint, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which enables the agency to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51628?
2031JG22F51628 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 3, 2022.
How much is contract 2031JG22F51628 worth?
The government has obligated $4,690,192 on 2031JG22F51628.
Is contract 2031JG22F51628 an order under another contract?
Yes. 2031JG22F51628 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51628 competed?
The extent of competition for 2031JG22F51628 was full and open competition.
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