Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51658
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,205,443
Award facts
- Contract value 100% obligated
- $5,205,443.14 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $5,205,443.14 and an ultimate completion date of June 8, 2022. This contract is not associated with any set-aside designation.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals to the United States Mint, providing raw materials such as gold, silver, and palladium used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The company 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 supply. Under these IDVs, the Mint issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source.
Quick answers
Who was awarded contract 2031JG22F51658?
2031JG22F51658 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.
How much is contract 2031JG22F51658 worth?
The government has obligated $5,205,443 on 2031JG22F51658.
Is contract 2031JG22F51658 an order under another contract?
Yes. 2031JG22F51658 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51658 competed?
The extent of competition for 2031JG22F51658 was full and open competition.
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