Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51817
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,085,891
Award facts
- Contract value 100% obligated
- $4,085,890.90 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 within the U.S. government. The contract, valued at $4,085,890.90, was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.
The contract is a delivery order under two indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint. The primary IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated. These IDVs allow the Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG22F51817?
2031JG22F51817 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 20, 2022.
How much is contract 2031JG22F51817 worth?
The government has obligated $4,085,891 on 2031JG22F51817.
Is contract 2031JG22F51817 an order under another contract?
Yes. 2031JG22F51817 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51817 competed?
The extent of competition for 2031JG22F51817 was full and open competition.
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