Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51835
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,367,360
Award facts
- Contract value 100% obligated
- $1,367,360.40 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 is a delivery order contract awarded by the United States Mint to Stonex Financial LTD, a UK-based for-profit organization, for the delivery of raw gold bullion. The contract has a ceiling value of $1,367,360.40 and a completion date of September 28, 2022.
Stonex Financial LTD is an established vendor for the United States Mint, holding two significant indefinite delivery vehicle (IDV) contracts with the agency. One IDV is for silver raw materials with a $10 billion ceiling value, and the other appears to be for raw gold bullion supply. 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. This contract award is not designated as a set-aside.
The United States Mint is a civilian federal agency that produces circulating coins, commemorative coins, bullion coins, and national medals. Stonex Financial LTD's ability to consistently supply critical raw precious metal materials, such as gold, silver, and palladium, supports the Mint's ongoing production operations.
Quick answers
Who was awarded contract 2031JG22F51835?
2031JG22F51835 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 26, 2022.
How much is contract 2031JG22F51835 worth?
The government has obligated $1,367,360 on 2031JG22F51835.
Is contract 2031JG22F51835 an order under another contract?
Yes. 2031JG22F51835 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51835 competed?
The extent of competition for 2031JG22F51835 was full and open competition.
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