Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51094
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,921,652
Award facts
- Contract value 100% obligated
- $3,921,652.15 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, a civilian agency of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management for precious metals.
The contract, a firm fixed price delivery order valued at $3,921,652.15, was awarded on December 2, 2020 with a completion date of December 8, 2020. This award is part of a larger indefinite delivery vehicle (IDV) contract with the United States Mint for the supply of raw gold bullion, though the specific ceiling value of this IDV is not stated.
Stonex Financial LTD has been awarded numerous delivery order contracts exclusively with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metal raw materials including gold, silver, and palladium. These contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51094?
2031JG21F51094 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 2, 2020.
How much is contract 2031JG21F51094 worth?
The government has obligated $3,921,652 on 2031JG21F51094.
Is contract 2031JG21F51094 an order under another contract?
Yes. 2031JG21F51094 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51094 competed?
The extent of competition for 2031JG21F51094 was full and open competition.
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