Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51114
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,282,931
Award facts
- Contract value 100% obligated
- $5,282,930.96 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 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, valued at $5,282,930.96, was awarded on January 12, 2021 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order with no set-aside designation.
Stonex Financial LTD, also known as Intl, has established itself as a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion supply. These contracts allow the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51114?
2031JG21F51114 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 12, 2021.
How much is contract 2031JG21F51114 worth?
The government has obligated $5,282,931 on 2031JG21F51114.
Is contract 2031JG21F51114 an order under another contract?
Yes. 2031JG21F51114 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51114 competed?
The extent of competition for 2031JG21F51114 was full and open competition.
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