Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51696
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,275,335
Award facts
- Contract value 100% obligated
- $4,275,335.38 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 federal contract award was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,275,335.38 firm fixed price delivery order contract is for the supply of raw gold bullion. It is not a set-aside contract.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and another IDV for raw gold bullion supply. 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. This contracting 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 2031JG22F51696?
2031JG22F51696 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 5, 2022.
How much is contract 2031JG22F51696 worth?
The government has obligated $4,275,335 on 2031JG22F51696.
Is contract 2031JG22F51696 an order under another contract?
Yes. 2031JG22F51696 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51696 competed?
The extent of competition for 2031JG22F51696 was full and open competition.
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