Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51064
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,198,230
Award facts
- Contract value 100% obligated
- $3,198,229.99 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 within the U.S. government. The prime contractor is Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.
The contract, valued at $3,198,229.99, is a firm fixed-price delivery order with an ultimate completion date of October 19, 2020. Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million, for the supply of raw precious metals including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which enable the agency to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51064?
2031JG21F51064 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 14, 2020.
How much is contract 2031JG21F51064 worth?
The government has obligated $3,198,230 on 2031JG21F51064.
Is contract 2031JG21F51064 an order under another contract?
Yes. 2031JG21F51064 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51064 competed?
The extent of competition for 2031JG21F51064 was full and open competition.
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