Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51657
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,202,518
Award facts
- Contract value 100% obligated
- $5,202,517.96 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, doing business as Intl, is a $5,202,517.96 firm fixed price delivery order for the supply of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The award was made on May 23, 2022, with a performance period ending on May 30, 2022. This contract is not associated with a set-aside designation.
Stonex Financial LTD is a for-profit international organization based in the United Kingdom that specializes in global commodity trading and risk management, particularly for precious metals. The company has established itself as a key supplier of raw materials, including gold, silver, and palladium, to the United States Mint through numerous delivery order contracts ranging from $1 million to $22 million per order.
Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which allows 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 2031JG22F51657?
2031JG22F51657 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.
How much is contract 2031JG22F51657 worth?
The government has obligated $5,202,518 on 2031JG22F51657.
Is contract 2031JG22F51657 an order under another contract?
Yes. 2031JG22F51657 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51657 competed?
The extent of competition for 2031JG22F51657 was full and open competition.
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