Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51743
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,303,034
Award facts
- Contract value 100% obligated
- $3,303,034.14 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 was issued by the United States Mint, a civilian agency within the U.S. government, 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 $3,303,034.14. This is a firm fixed price delivery order contract, without any set-aside designation.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company 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. Under these IDV contracts, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These contracts enable the Mint to maintain a 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 2031JG22F51743?
2031JG22F51743 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 1, 2022.
How much is contract 2031JG22F51743 worth?
The government has obligated $3,303,034 on 2031JG22F51743.
Is contract 2031JG22F51743 an order under another contract?
Yes. 2031JG22F51743 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51743 competed?
The extent of competition for 2031JG22F51743 was full and open competition.
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