Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51026
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,126,866
Award facts
- Contract value 100% obligated
- $2,126,866.22 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 was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals. The award is a delivery order contract with a ceiling value of $2,126,866.22 and a firm fixed price pricing type.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion supply. Under these IDVs, the Mint issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This contract does not have a set-aside designation. The contract requires Stonex Financial LTD to deliver the raw gold bullion from its facilities in Great Britain to the United States Mint's production centers.
Quick answers
Who was awarded contract 2031JG20F51026?
2031JG20F51026 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 11, 2020.
How much is contract 2031JG20F51026 worth?
The government has obligated $2,126,866 on 2031JG20F51026.
Is contract 2031JG20F51026 an order under another contract?
Yes. 2031JG20F51026 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51026 competed?
The extent of competition for 2031JG20F51026 was full and open competition.
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