Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51763
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,953,282
Award facts
- Contract value 100% obligated
- $1,953,281.70 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, valued at $1,953,281.70, was awarded on August 2, 2022 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom.
Stonex Financial LTD, doing business as Intl, specializes in global commodity trading and risk management, with a focus on precious metals. The company has established itself as a key supplier of raw materials to the United States government, particularly the United States Mint, providing precious metals such as gold, silver, and palladium for the production of circulating coins, commemorative coins, bullion coins, and national medals.
This contract is a firm fixed price delivery order that is not associated with any set-aside designation. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51763?
2031JG22F51763 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 2, 2022.
How much is contract 2031JG22F51763 worth?
The government has obligated $1,953,282 on 2031JG22F51763.
Is contract 2031JG22F51763 an order under another contract?
Yes. 2031JG22F51763 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51763 competed?
The extent of competition for 2031JG22F51763 was full and open competition.
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