Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51685
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,349,830
Award facts
- Contract value 100% obligated
- $4,349,830.23 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 contract is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, which specializes in global commodity trading and risk management with a focus on precious metals.
The contract, valued at $4,349,830.23, is a firm fixed price delivery order awarded on June 21, 2022 with a completion date of June 28, 2022. It is not a set-aside contract. Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint for the supply of precious metals, including gold, silver, and palladium, since 2021. The company also 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, which allow the agency to regularly issue delivery orders to maintain a steady supply of critical raw materials for coin and medal production.
Quick answers
Who was awarded contract 2031JG22F51685?
2031JG22F51685 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 21, 2022.
How much is contract 2031JG22F51685 worth?
The government has obligated $4,349,830 on 2031JG22F51685.
Is contract 2031JG22F51685 an order under another contract?
Yes. 2031JG22F51685 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51685 competed?
The extent of competition for 2031JG22F51685 was full and open competition.
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