Raw gold bullion

Ended Awarded

Contract number
2031JG21F51071
Awardee
Awarding agency
Obligated
$3,133,335

Award facts

Contract value 100% obligated
$3,133,335.19 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 under the Department of the Treasury. The contract, valued at $3,133,335.19, was awarded on October 15, 2020 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order with an ultimate completion date of October 19, 2020. Stonex Financial LTD is an established supplier of precious metals to the United States government, holding two significant indefinite delivery vehicle (IDV) contracts with the United States Mint worth up to $10 billion for the supply of silver and gold raw materials. These contracts enable the Mint to maintain a reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG21F51071?

2031JG21F51071 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 15, 2020.

How much is contract 2031JG21F51071 worth?

The government has obligated $3,133,335 on 2031JG21F51071.

Is contract 2031JG21F51071 an order under another contract?

Yes. 2031JG21F51071 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51071 competed?

The extent of competition for 2031JG21F51071 was full and open competition.

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