Gold raw material
Ended Awarded
- Contract number
- 2031JG20F51006
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,836,904
Award facts
- Contract value 100% obligated
- $4,836,904.43 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 firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of gold raw material, with a ceiling value of $4,836,904.43. The contract does not have a set-aside designation.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint for silver raw materials (with a $10 billion ceiling value) and gold raw materials (with an unspecified ceiling value). 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, 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.
Quick answers
Who was awarded contract 2031JG20F51006?
2031JG20F51006 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 6, 2020.
How much is contract 2031JG20F51006 worth?
The government has obligated $4,836,904 on 2031JG20F51006.
Is contract 2031JG20F51006 an order under another contract?
Yes. 2031JG20F51006 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51006 competed?
The extent of competition for 2031JG20F51006 was full and open competition.
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