Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51779
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,783,129
Award facts
- Contract value 100% obligated
- $2,783,128.79 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 $2,783,128.79, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. This is a firm fixed price delivery order contract with no set-aside designation.
Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, to provide essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals.
Additionally, Stonex Financial LTD 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 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 2031JG22F51779?
2031JG22F51779 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 22, 2022.
How much is contract 2031JG22F51779 worth?
The government has obligated $2,783,129 on 2031JG22F51779.
Is contract 2031JG22F51779 an order under another contract?
Yes. 2031JG22F51779 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51779 competed?
The extent of competition for 2031JG22F51779 was full and open competition.
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