Raw gold bullion
Ended Awarded
- Contract number
- 2031JG20F51059
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,602,698
Award facts
- Contract value 100% obligated
- $4,602,698.10 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
The U.S. Mint awarded a firm fixed-price delivery order contract worth $4,602,698.10 to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, for the supply of raw gold bullion. This contract does not have a set-aside designation. Stonex Financial LTD is an established vendor for the U.S. Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts valued up to $10 billion for the supply of precious metals, including gold, silver, and palladium. The current delivery order contract has an ultimate completion date of October 1, 2020, and the raw materials will be delivered from Stonex Financial LTD's facilities in Great Britain to the U.S. Mint's production centers. This contract represents a strategic procurement approach by the U.S. Mint to maintain a reliable supply of critical raw materials from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG20F51059?
2031JG20F51059 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 23, 2020.
How much is contract 2031JG20F51059 worth?
The government has obligated $4,602,698 on 2031JG20F51059.
Is contract 2031JG20F51059 an order under another contract?
Yes. 2031JG20F51059 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG20F51059 competed?
The extent of competition for 2031JG20F51059 was full and open competition.
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