Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG21F51167
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,294,522
Award facts
- Contract value 100% obligated
- $4,294,522.20 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $4,294,522 |
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 contract is for the delivery of raw gold bullion, with a ceiling value of $4,294,522.20. The contract is a delivery order under a firm fixed price contract type, without any set-aside designation.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company 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. Under these IDVs, the Mint routinely 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 from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51167?
2031JG21F51167 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 8, 2021.
How much is contract 2031JG21F51167 worth?
The government has obligated $4,294,522 on 2031JG21F51167.
Is contract 2031JG21F51167 an order under another contract?
Yes. 2031JG21F51167 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51167 competed?
The extent of competition for 2031JG21F51167 was full and open competition.
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