Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51728
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,319,430
Award facts
- Contract value 100% obligated
- $4,319,429.64 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 within the U.S. government. 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 with a focus on precious metals.
The contract is a delivery order with a firm fixed price and a ceiling value of $4,319,429.64. It does not have any set-aside designations. Stonex Financial LTD is the prime contractor, and there are no major subcontractors mentioned.
This contract is associated with two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The first IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51728?
2031JG22F51728 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 8, 2022.
How much is contract 2031JG22F51728 worth?
The government has obligated $4,319,430 on 2031JG22F51728.
Is contract 2031JG22F51728 an order under another contract?
Yes. 2031JG22F51728 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51728 competed?
The extent of competition for 2031JG22F51728 was full and open competition.
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