Raw gold bullion

Ended Awarded

Contract number
2031JG21F51138
Awardee
Awarding agency
Obligated
$4,201,460

Award facts

Contract value 100% obligated
$4,201,460.34 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract, valued at $4,201,460.34, is for the delivery of raw gold bullion. There is no set-aside designation for this contract.

Stonex Financial LTD, doing business as Intl, is 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 ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals for the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51138?

2031JG21F51138 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 5, 2021.

How much is contract 2031JG21F51138 worth?

The government has obligated $4,201,460 on 2031JG21F51138.

Is contract 2031JG21F51138 an order under another contract?

Yes. 2031JG21F51138 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51138 competed?

The extent of competition for 2031JG21F51138 was full and open competition.

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