Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51125
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,581,337
Award facts
- Contract value 100% obligated
- $4,581,336.86 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 to Stonex Financial LTD, a for-profit organization based in the United Kingdom, is for the delivery of raw gold bullion to the United States Mint. The $4,581,336.86 firm fixed price delivery order contract has an ultimate completion date of January 26, 2021 and was awarded on January 19, 2021. The contract is not set aside for any special designations.
Stonex Financial LTD appears to be a strategic supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company holds two indefinite delivery vehicle (IDV) contracts with the Mint, one for $10 billion in silver raw materials and another for an unspecified ceiling value in raw gold bullion. Under these IDVs, the Mint issues individual firm fixed price delivery orders to Stonex, typically valued between $10 million and $16 million, to maintain a steady supply of critical raw materials for the agency's coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51125?
2031JG21F51125 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 19, 2021.
How much is contract 2031JG21F51125 worth?
The government has obligated $4,581,337 on 2031JG21F51125.
Is contract 2031JG21F51125 an order under another contract?
Yes. 2031JG21F51125 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51125 competed?
The extent of competition for 2031JG21F51125 was full and open competition.
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