Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51751
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,838,782
Award facts
- Contract value 100% obligated
- $2,838,782.33 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 of 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, particularly in precious metals.
The contract is a delivery order valued at $2,838,782.33 with a firm fixed price pricing type. It has an ultimate completion date of August 16, 2022 and was awarded on August 5, 2022. Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded numerous previous delivery order contracts ranging from $1 million to $22 million. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint for silver raw materials (with a $10 billion ceiling) and raw gold bullion supply. 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 2031JG22F51751?
2031JG22F51751 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 5, 2022.
How much is contract 2031JG22F51751 worth?
The government has obligated $2,838,782 on 2031JG22F51751.
Is contract 2031JG22F51751 an order under another contract?
Yes. 2031JG22F51751 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51751 competed?
The extent of competition for 2031JG22F51751 was full and open competition.
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