Raw gold bullion
Ended Awarded
- Contract number
- 2031JG22F51837
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,731,820
Award facts
- Contract value 100% obligated
- $4,731,820.26 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 to Stonex Financial LTD, doing business as Intl, is a firm fixed-price delivery order contract valued at $4,731,820.26 for the supply of raw gold bullion to the United States Mint. The contract was awarded on September 26, 2022, with a completion date of September 28, 2022.
Stonex Financial LTD is a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The company has established itself as a key supplier of raw materials to the United States government, primarily providing precious metals such as gold, silver, and palladium to federal agencies, including the United States Mint.
This contract is part of the United States Mint's strategic procurement approach, which includes multiple-award indefinite delivery vehicle (IDV) contracts with Stonex Financial LTD for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG22F51837?
2031JG22F51837 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 26, 2022.
How much is contract 2031JG22F51837 worth?
The government has obligated $4,731,820 on 2031JG22F51837.
Is contract 2031JG22F51837 an order under another contract?
Yes. 2031JG22F51837 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG22F51837 competed?
The extent of competition for 2031JG22F51837 was full and open competition.
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