Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51707
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,292,686
Award facts
- Contract value 100% obligated
- $2,292,685.89 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 under the Department of the Treasury. The contract, valued at $2,292,685.89, was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The contract is a firm fixed price delivery order, without any set-aside designation.
Stonex Financial LTD has established itself as a critical supplier of precious metals to the United States Mint, having been awarded numerous delivery order contracts since 2021, ranging from $1 million to $22 million per order. 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 supply. These contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51707?
2031JG22F51707 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 5, 2022.
How much is contract 2031JG22F51707 worth?
The government has obligated $2,292,686 on 2031JG22F51707.
Is contract 2031JG22F51707 an order under another contract?
Yes. 2031JG22F51707 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51707 competed?
The extent of competition for 2031JG22F51707 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award