Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51084
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,487,395
Award facts
- Contract value 100% obligated
- $4,487,394.61 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 federal contract award to Stonex Financial LTD, doing business as Intl, is a delivery order contract with the United States Mint, a civilian agency, for the provision of raw gold bullion. The contract, valued at $4,487,394.61, is a firm fixed price delivery order with no set-aside designation. Stonex Financial LTD is an international for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The company has established itself as a key supplier of raw materials to the United States Mint, providing essential precious metals such as gold, silver, and palladium for the production of circulating coins, commemorative coins, bullion coins, and national medals. Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an unspecified IDV for raw gold bullion supply. These IDVs enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51084?
2031JG21F51084 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 2, 2020.
How much is contract 2031JG21F51084 worth?
The government has obligated $4,487,395 on 2031JG21F51084.
Is contract 2031JG21F51084 an order under another contract?
Yes. 2031JG21F51084 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51084 competed?
The extent of competition for 2031JG21F51084 was full and open competition.
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