Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51706
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,552,484
Award facts
- Contract value 100% obligated
- $1,552,484.35 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The $1,552,484.35 firm fixed price delivery order is for the supply of raw gold bullion. The contract has no set-aside designation.
Stonex Financial LTD holds two indefinite delivery vehicle (IDV) contracts with the United States Mint - a multiple-award contract for silver raw materials with a $10 billion ceiling, and another for raw gold bullion, though the specific ceiling value is not provided. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from this international source. These contracts support the Mint's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51706?
2031JG22F51706 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 5, 2022.
How much is contract 2031JG22F51706 worth?
The government has obligated $1,552,484 on 2031JG22F51706.
Is contract 2031JG22F51706 an order under another contract?
Yes. 2031JG22F51706 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51706 competed?
The extent of competition for 2031JG22F51706 was full and open competition.
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