Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51093
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,257,785
Award facts
- Contract value 100% obligated
- $4,257,785.38 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 is for the delivery of raw gold bullion to the United States Mint. The $4,257,785.38 firm fixed price delivery order was issued to Stonex Financial LTD, a for-profit organization based in London, United Kingdom that specializes in global commodity trading and risk management.
Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, including a $10 billion multiple-award contract for silver raw materials that extends through 2040, as well as another IDV for raw gold bullion supply. Under these IDVs, the U.S. Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This contract award demonstrates Stonex Financial LTD's consistent capability in supplying high-value precious metal raw materials to support the U.S. Mint's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51093?
2031JG21F51093 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 2, 2020.
How much is contract 2031JG21F51093 worth?
The government has obligated $4,257,785 on 2031JG21F51093.
Is contract 2031JG21F51093 an order under another contract?
Yes. 2031JG21F51093 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51093 competed?
The extent of competition for 2031JG21F51093 was full and open competition.
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