Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51086
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,287,137
Award facts
- Contract value 100% obligated
- $2,287,137.01 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 is a delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management with a focus on precious metals. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,287,137.01. It is a firm fixed price contract with no set-aside designation.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51086?
2031JG21F51086 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 17, 2020.
How much is contract 2031JG21F51086 worth?
The government has obligated $2,287,137 on 2031JG21F51086.
Is contract 2031JG21F51086 an order under another contract?
Yes. 2031JG21F51086 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51086 competed?
The extent of competition for 2031JG21F51086 was full and open competition.
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