Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51717
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,989,698
Award facts
- Contract value 100% obligated
- $2,989,698.11 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,989,698.11 and a completion date of July 6, 2022.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts by the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint issues firm fixed price 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 for the agency's ongoing coin and medal production operations. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG22F51717?
2031JG22F51717 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 24, 2022.
How much is contract 2031JG22F51717 worth?
The government has obligated $2,989,698 on 2031JG22F51717.
Is contract 2031JG22F51717 an order under another contract?
Yes. 2031JG22F51717 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51717 competed?
The extent of competition for 2031JG22F51717 was full and open competition.
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