Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51640
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,330,265
Award facts
- Contract value 100% obligated
- $4,330,265.18 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 to Stonex Financial LTD, a for-profit international organization based in London, UK, is a firm fixed price delivery order contract for the supply of raw gold bullion to the United States Mint, a civilian agency. The contract, valued at $4,330,265.18, has an ultimate completion date of May 23, 2022 and was awarded on May 15, 2022.
Stonex Financial LTD, which does business as Intl, has been awarded numerous similar delivery order contracts for precious metal raw materials with the United States Mint since 2021, ranging from $1 million to $22 million per order. The company also 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. These IDVs allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51640?
2031JG22F51640 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 15, 2022.
How much is contract 2031JG22F51640 worth?
The government has obligated $4,330,265 on 2031JG22F51640.
Is contract 2031JG22F51640 an order under another contract?
Yes. 2031JG22F51640 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51640 competed?
The extent of competition for 2031JG22F51640 was full and open competition.
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