Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51672
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,249,992
Award facts
- Contract value 100% obligated
- $4,249,992.47 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 a delivery order issued 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 $4,249,992.47. The contract is a firm fixed price delivery order and is not associated with any set-aside designations.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and an undisclosed ceiling value contract for raw gold bullion. Under these IDV contracts, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This strategic procurement approach allows the Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51672?
2031JG22F51672 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 6, 2022.
How much is contract 2031JG22F51672 worth?
The government has obligated $4,249,992 on 2031JG22F51672.
Is contract 2031JG22F51672 an order under another contract?
Yes. 2031JG22F51672 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51672 competed?
The extent of competition for 2031JG22F51672 was full and open competition.
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