Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51017
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,065,223
Award facts
- Contract value 100% obligated
- $5,065,223.36 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 bullion to the United States Mint, a civilian agency of the U.S. government. The contract, awarded to Stonex Financial LTD, a for-profit international organization based in the United Kingdom, has a ceiling value of $5,065,223.36. The contract is a firm fixed price delivery order, without any set-aside designation.
Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded numerous delivery order contracts since 2021, ranging from $1 million to $22 million per order. The company also 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. These IDVs allow 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 2031JG20F51017?
2031JG20F51017 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 28, 2020.
How much is contract 2031JG20F51017 worth?
The government has obligated $5,065,223 on 2031JG20F51017.
Is contract 2031JG20F51017 an order under another contract?
Yes. 2031JG20F51017 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51017 competed?
The extent of competition for 2031JG20F51017 was full and open competition.
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