Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51045
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,819,407
Award facts
- Contract value 100% obligated
- $4,819,407.35 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 (an agency of the U.S. Department of the Treasury) to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,819,407.35 and a completion date of September 10, 2020.
Stonex Financial LTD is a key supplier of precious metals, such as gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, as well as two significant indefinite delivery vehicle (IDV) contracts - one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
The contract does not have a set-aside designation, and there is no mention of any major subcontractors. The award is for the delivery of raw materials, which the Mint uses in the production of circulating coins, commemorative coins, bullion coins, and national medals.
Quick answers
Who was awarded contract 2031JG20F51045?
2031JG20F51045 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 3, 2020.
How much is contract 2031JG20F51045 worth?
The government has obligated $4,819,407 on 2031JG20F51045.
Is contract 2031JG20F51045 an order under another contract?
Yes. 2031JG20F51045 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51045 competed?
The extent of competition for 2031JG20F51045 was full and open competition.
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