Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51650
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,234,114
Award facts
- Contract value 100% obligated
- $5,234,113.78 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 prime contractor is 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.
The contract, valued at $5,234,113.78, is a firm fixed price delivery order without any set-aside designation. It is part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of raw gold bullion, though the specific ceiling value of this IDV is not explicitly stated. The contract requires Stonex Financial LTD to deliver the raw gold bullion from its facilities in Great Britain to the United States Mint's production centers, with a performance period of approximately one month.
This contract award demonstrates Stonex Financial LTD's role as a critical vendor for the United States Mint, providing essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The company has established a consistent and specialized capability in supplying high-value precious metal raw materials to the U.S. government.
Quick answers
Who was awarded contract 2031JG22F51650?
2031JG22F51650 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.
How much is contract 2031JG22F51650 worth?
The government has obligated $5,234,114 on 2031JG22F51650.
Is contract 2031JG22F51650 an order under another contract?
Yes. 2031JG22F51650 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51650 competed?
The extent of competition for 2031JG22F51650 was full and open competition.
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