Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51788
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,881,938
Award facts
- Contract value 100% obligated
- $2,881,937.91 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 $2,881,937.91 firm fixed price delivery order contract is for the supply of raw gold bullion. This contract is not set aside for any specific business type.
Stonex Financial LTD has been awarded numerous similar delivery order contracts by the United States Mint, ranging from $1 million to $22 million, to provide precious metal raw materials including 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, and another for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, enabling the agency to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51788?
2031JG22F51788 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 22, 2022.
How much is contract 2031JG22F51788 worth?
The government has obligated $2,881,938 on 2031JG22F51788.
Is contract 2031JG22F51788 an order under another contract?
Yes. 2031JG22F51788 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51788 competed?
The extent of competition for 2031JG22F51788 was full and open competition.
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