Raw gold bullion

Ended Awarded

Contract number
2031JG21F51065
Awardee
Awarding agency
Obligated
$3,198,482

Award facts

Contract value 100% obligated
$3,198,482.02 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

The Department of the Treasury United States Mint (Treasury) awarded a $3.2 million firm fixed price delivery order to Stonex Financial LTD for raw gold bullion. Stonex will deliver the gold to locations in the United Kingdom under the contract scheduled from October 15-19, 2020. As the Treasury is responsible for minting and distributing coins, this award was likely made to procure precious metals from international sources for production of commemorative coin programs. No set aside provisions or subcontractors were identified. The short period of performance indicates an urgent requirement for gold to be obtained from overseas suppliers.

Quick answers

Who was awarded contract 2031JG21F51065?

2031JG21F51065 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 15, 2020.

How much is contract 2031JG21F51065 worth?

The government has obligated $3,198,482 on 2031JG21F51065.

Is contract 2031JG21F51065 an order under another contract?

Yes. 2031JG21F51065 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51065 competed?

The extent of competition for 2031JG21F51065 was full and open competition.

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