Raw gold bullion

Ended Awarded Last action

Contract number
2031JG20F51051
Awardee
Awarding agency
Obligated
$4,358,789

Award facts

Contract value 100% obligated
$4,358,788.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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.

Transactions

Action Obligated Date
Other Administrative Action P00001 $0
Original award $4,358,789

About this award

The U.S. Department of the Treasury's United States Mint awarded a $4,358,788.80 firm fixed price delivery order contract to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations. Stonex Financial LTD is an established supplier of precious metals to the U.S. government, having been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials. This contract award does not have a set-aside designation and represents part of the Mint's strategic approach to consistently source critical raw materials from a proven international supplier to maintain a steady supply for its ongoing operations.

Quick answers

Who was awarded contract 2031JG20F51051?

2031JG20F51051 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 14, 2020.

How much is contract 2031JG20F51051 worth?

The government has obligated $4,358,789 on 2031JG20F51051.

Is contract 2031JG20F51051 an order under another contract?

Yes. 2031JG20F51051 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG20F51051 competed?

The extent of competition for 2031JG20F51051 was full and open competition.

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