Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51756
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,798,449
Award facts
- Contract value 100% obligated
- $2,798,449.02 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, 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 $2,798,449.02. It is a firm fixed price delivery order contract with no set-aside designation. Stonex Financial LTD appears to be a critical vendor for the United States Mint, having been awarded numerous delivery order contracts ranging from $1 million to $22 million per order for the supply of precious metals such as gold, silver, and palladium. The company holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion supply. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51756?
2031JG22F51756 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 5, 2022.
How much is contract 2031JG22F51756 worth?
The government has obligated $2,798,449 on 2031JG22F51756.
Is contract 2031JG22F51756 an order under another contract?
Yes. 2031JG22F51756 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51756 competed?
The extent of competition for 2031JG22F51756 was full and open competition.
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