Raw gold bars.
Ended Awarded
- Contract number
- 2031JG20F51004
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,784,260
Award facts
- Contract value 100% obligated
- $4,784,260.09 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 bars to the United States Mint, a civilian agency of the U.S. government. The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
The contract, valued at $4,784,260.09, is a firm fixed price delivery order with an ultimate completion date of July 10, 2020. This award is not associated with a set-aside designation. Stonex Financial LTD has established itself as a key supplier of raw materials to the United States Mint, delivering essential precious metals used in the production of circulating coins, commemorative coins, bullion coins, and national medals. The company holds multiple indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion ceiling value contract for silver raw materials and an additional IDV for raw gold bullion supply, enabling the agency to maintain a steady and reliable supply of these critical raw materials.
Quick answers
Who was awarded contract 2031JG20F51004?
2031JG20F51004 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 6, 2020.
How much is contract 2031JG20F51004 worth?
The government has obligated $4,784,260 on 2031JG20F51004.
Is contract 2031JG20F51004 an order under another contract?
Yes. 2031JG20F51004 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51004 competed?
The extent of competition for 2031JG20F51004 was full and open competition.
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