Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51016
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,971,053
Award facts
- Contract value 100% obligated
- $4,971,052.52 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 $4,971,052.52 firm fixed price delivery order contract is for the supply of raw gold bullion. This award is not set aside.
Stonex Financial LTD appears to be a key 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, one for silver raw materials with a $10 billion ceiling value, and another 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 strategic procurement approach allows the Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG20F51016?
2031JG20F51016 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 27, 2020.
How much is contract 2031JG20F51016 worth?
The government has obligated $4,971,053 on 2031JG20F51016.
Is contract 2031JG20F51016 an order under another contract?
Yes. 2031JG20F51016 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51016 competed?
The extent of competition for 2031JG20F51016 was full and open competition.
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