Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51793
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,173,623
Award facts
- Contract value 100% obligated
- $4,173,622.88 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, with an ID of 2031JG20D00010|2031JG22F51793, is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract was awarded on August 22, 2022, with a ceiling value of $4,173,622.88 and an ultimate completion date of September 2, 2022. The contract is a delivery order under a firm fixed price contract type.
The prime contractor for this award is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management with a focus on precious metals. Stonex Financial LTD has been awarded numerous delivery order contracts exclusively with the United States Mint, ranging from $1 million to $22 million per order, for the supply of raw materials including gold bullion, silver, and palladium.
This contract is not associated with a set-aside designation. It appears to be part of the United States Mint's strategic procurement approach 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 2031JG22F51793?
2031JG22F51793 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 22, 2022.
How much is contract 2031JG22F51793 worth?
The government has obligated $4,173,623 on 2031JG22F51793.
Is contract 2031JG22F51793 an order under another contract?
Yes. 2031JG22F51793 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51793 competed?
The extent of competition for 2031JG22F51793 was full and open competition.
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