Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51698
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,254,161
Award facts
- Contract value 100% obligated
- $4,254,160.96 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 to Stonex Financial LTD, doing business as Intl, is a firm fixed price delivery order contract valued at $4,254,160.96 for the supply of raw gold bullion to the United States Mint. The contract has no set-aside designation and an ultimate completion date of July 13, 2022. Stonex Financial LTD is an international for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management of precious metals. The company has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million, for the supply of raw gold, silver, and palladium materials. This contract is associated with two indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion. These IDVs allow the Mint to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51698?
2031JG22F51698 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 5, 2022.
How much is contract 2031JG22F51698 worth?
The government has obligated $4,254,161 on 2031JG22F51698.
Is contract 2031JG22F51698 an order under another contract?
Yes. 2031JG22F51698 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51698 competed?
The extent of competition for 2031JG22F51698 was full and open competition.
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