Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51689
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,270,032
Award facts
- Contract value 100% obligated
- $5,270,032.35 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 for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The $5,270,032.35 firm fixed price delivery order contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management.
Stonex Financial LTD has previously been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, including a $10 billion ceiling value IDV for silver raw materials extending through 2040. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million, 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. This latest $5.27 million delivery order contract for raw gold bullion is not designated as a set-aside.
Quick answers
Who was awarded contract 2031JG22F51689?
2031JG22F51689 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 21, 2022.
How much is contract 2031JG22F51689 worth?
The government has obligated $5,270,032 on 2031JG22F51689.
Is contract 2031JG22F51689 an order under another contract?
Yes. 2031JG22F51689 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51689 competed?
The extent of competition for 2031JG22F51689 was full and open competition.
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