Raw gold bullion

Ended Awarded

Contract number
2031JG21F51097
Awardee
Awarding agency
Obligated
$4,283,896

Award facts

Contract value 100% obligated
$4,283,895.57 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,283,895.57 firm fixed price delivery order contract is for the supply of raw gold bullion. This award does not have a set-aside designation.

Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts with the agency. The primary IDV, valued at up to $10 billion, is for the supply of silver raw materials through December 2040. The company also holds an IDV for raw gold bullion supply, though the specific ceiling value is not provided. Under these IDVs, the United States Mint regularly issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51097?

2031JG21F51097 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 2, 2020.

How much is contract 2031JG21F51097 worth?

The government has obligated $4,283,896 on 2031JG21F51097.

Is contract 2031JG21F51097 an order under another contract?

Yes. 2031JG21F51097 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51097 competed?

The extent of competition for 2031JG21F51097 was full and open competition.

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