Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51780
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,847,899
Award facts
- Contract value 100% obligated
- $2,847,899.41 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 $2,847,899.41. It is a firm fixed price delivery order contract, with an ultimate completion date of August 30, 2022.
Stonex Financial LTD has been awarded multiple delivery order contracts by the United States Mint, ranging from $1 million to $22 million per order, for the supply of precious metal raw materials such as gold, silver, and palladium. 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. 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. The contract award does not mention any set-aside designations.
Quick answers
Who was awarded contract 2031JG22F51780?
2031JG22F51780 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 22, 2022.
How much is contract 2031JG22F51780 worth?
The government has obligated $2,847,899 on 2031JG22F51780.
Is contract 2031JG22F51780 an order under another contract?
Yes. 2031JG22F51780 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51780 competed?
The extent of competition for 2031JG22F51780 was full and open competition.
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