Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51710
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,192,258
Award facts
- Contract value 100% obligated
- $4,192,257.56 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, the civilian agency responsible for the production of U.S. circulating coins, bullion, and national medals. The 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, particularly in precious metals.
The contract is a $4,192,257.56 firm fixed price delivery order, with an ultimate completion date of July 19, 2022. Stonex Financial LTD has been awarded multiple delivery order contracts of this type with the United States Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for the supply of silver raw materials (up to $10 billion ceiling) and raw gold bullion. These contracts enable the United States 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 2031JG22F51710?
2031JG22F51710 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 8, 2022.
How much is contract 2031JG22F51710 worth?
The government has obligated $4,192,258 on 2031JG22F51710.
Is contract 2031JG22F51710 an order under another contract?
Yes. 2031JG22F51710 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51710 competed?
The extent of competition for 2031JG22F51710 was full and open competition.
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