Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51719
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,305,647
Award facts
- Contract value 100% obligated
- $4,305,647.05 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 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 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 Firm Fixed Price Delivery Order with a ceiling value of $4,305,647.05 and a performance period ending on July 19, 2022. It is not associated with a set-aside program. Stonex Financial LTD has been awarded numerous similar contracts with the United States Mint since 2021, ranging from $1 million to $22 million, for the supply of raw precious metals including gold, silver, and palladium. The company holds two significant Indefinite Delivery Vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling, and another for raw gold bullion, enabling the agency to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51719?
2031JG22F51719 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 8, 2022.
How much is contract 2031JG22F51719 worth?
The government has obligated $4,305,647 on 2031JG22F51719.
Is contract 2031JG22F51719 an order under another contract?
Yes. 2031JG22F51719 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51719 competed?
The extent of competition for 2031JG22F51719 was full and open competition.
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