Raw gold bullion

Ended Awarded

Contract number
2031JG22F51648
Awardee
Awarding agency
Obligated
$5,222,850

Award facts

Contract value 100% obligated
$5,222,850.16 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $5,222,850.16 firm fixed-price delivery order contract is for the supply of raw gold bullion. The contract was awarded on May 23, 2022 with a completion date of May 30, 2022.

Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million, for the supply of precious metal raw materials including gold, silver, and palladium. 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 supply. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support its ongoing coin and medal production operations. This contract award does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F51648?

2031JG22F51648 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F51648 worth?

The government has obligated $5,222,850 on 2031JG22F51648.

Is contract 2031JG22F51648 an order under another contract?

Yes. 2031JG22F51648 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51648 competed?

The extent of competition for 2031JG22F51648 was full and open competition.

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