Raw gold bullion

Ended Awarded

Contract number
2031JG21F51122
Awardee
Awarding agency
Obligated
$4,409,170

Award facts

Contract value 100% obligated
$4,409,169.86 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 made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,409,169.86. The contract is a delivery order with a firm fixed price pricing type, and does not have any set-aside designation.

Stonex Financial LTD has been awarded multiple 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. 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. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51122?

2031JG21F51122 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 11, 2021.

How much is contract 2031JG21F51122 worth?

The government has obligated $4,409,170 on 2031JG21F51122.

Is contract 2031JG21F51122 an order under another contract?

Yes. 2031JG21F51122 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51122 competed?

The extent of competition for 2031JG21F51122 was full and open competition.

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