Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51664
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,200,444
Award facts
- Contract value 100% obligated
- $4,200,444.22 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 delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to the United States Mint, with a ceiling value of $4,200,444.22. The contract type is firm fixed price, and there is no set-aside used.
Stonex Financial LTD appears to be a strategic supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company 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. Under these IDVs, the Mint routinely 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 for the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51664?
2031JG22F51664 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 23, 2022.
How much is contract 2031JG22F51664 worth?
The government has obligated $4,200,444 on 2031JG22F51664.
Is contract 2031JG22F51664 an order under another contract?
Yes. 2031JG22F51664 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51664 competed?
The extent of competition for 2031JG22F51664 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award