Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG21F51091
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,297,855
Award facts
- Contract value 100% obligated
- $6,297,854.55 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $3,991,172 | |
| Original award | $2,306,683 |
About this award
This federal contract award is for the delivery of raw gold bullion to the United States Mint, the federal agency responsible for the production of circulating coins, commemorative coins, bullion coins, and national medals. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in the United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
The contract is a delivery order with a firm fixed price, valued at $6,297,854.55, and has an ultimate completion date of December 8, 2020. Stonex Financial LTD is an established supplier of precious metals to the United States government, having been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which allows the Mint to consistently source critical raw materials from this proven international supplier. This federal contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51091?
2031JG21F51091 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 17, 2020.
How much is contract 2031JG21F51091 worth?
The government has obligated $6,297,855 on 2031JG21F51091.
Is contract 2031JG21F51091 an order under another contract?
Yes. 2031JG21F51091 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51091 competed?
The extent of competition for 2031JG21F51091 was full and open competition.
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