Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51018
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,329,913
Award facts
- Contract value 100% obligated
- $4,329,912.57 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 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 for precious metals.
The contract is a $4,329,912.57 firm fixed price delivery order issued under a larger indefinite delivery vehicle (IDV) contract that allows the U.S. Mint to consistently source critical raw materials from this proven international supplier. The IDV appears to be for raw gold bullion supply, though its specific ceiling value is not explicitly stated.
This contract award does not have a set-aside designation. It represents a strategic procurement approach that enables the U.S. Mint to maintain a steady and reliable supply of precious metals to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG20F51018?
2031JG20F51018 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 28, 2020.
How much is contract 2031JG20F51018 worth?
The government has obligated $4,329,913 on 2031JG20F51018.
Is contract 2031JG20F51018 an order under another contract?
Yes. 2031JG20F51018 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51018 competed?
The extent of competition for 2031JG20F51018 was full and open competition.
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