Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51822
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,056,748
Award facts
- Contract value 100% obligated
- $4,056,747.73 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 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 $4,056,747.73. The contract is a firm fixed price delivery order contract, with no set-aside designation.
The award appears to be part of a larger indefinite delivery vehicle (IDV) contract between the United States Mint and Stonex Financial LTD for the supply of precious metals, including a $10 billion IDV contract for silver raw materials and another IDV contract for raw gold bullion. Under these IDV contracts, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million. These contracts enable the United States 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 2031JG22F51822?
2031JG22F51822 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 20, 2022.
How much is contract 2031JG22F51822 worth?
The government has obligated $4,056,748 on 2031JG22F51822.
Is contract 2031JG22F51822 an order under another contract?
Yes. 2031JG22F51822 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51822 competed?
The extent of competition for 2031JG22F51822 was full and open competition.
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