Raw gold bullion

Ended Awarded

Contract number
2031JG20F51061
Awardee
Awarding agency
Obligated
$4,440,767

Award facts

Contract value 100% obligated
$4,440,766.66 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 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 $4,440,766.66 and an ultimate completion date of October 1, 2020.

Stonex Financial LTD is the prime contractor and there is no set-aside designation for this contract. The company has established itself as a key supplier of precious metals such as gold, silver, and palladium to the United States Mint, delivering essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals.

In addition to this specific delivery order contract, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDV contracts allow the Mint to consistently source critical raw materials from a proven international supplier, supporting the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG20F51061?

2031JG20F51061 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 23, 2020.

How much is contract 2031JG20F51061 worth?

The government has obligated $4,440,767 on 2031JG20F51061.

Is contract 2031JG20F51061 an order under another contract?

Yes. 2031JG20F51061 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG20F51061 competed?

The extent of competition for 2031JG20F51061 was full and open competition.

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