Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG21F51170
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,727,835
Award facts
- Contract value 100% obligated
- $3,727,834.87 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 | $3,727,835 |
About this award
This federal contract was awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The $3,727,834.87 firm fixed price delivery order contract is for the supply of raw gold bullion. It does not have a set-aside designation.
Stonex Financial LTD is an international company specializing in global commodity trading, particularly precious metals. The company has established itself as a critical supplier of raw materials such as gold, silver, and palladium to the United States Mint. This contract is one of several delivery order awards the Mint has issued to Stonex Financial LTD, typically valued between $10 million and $16 million each, under two indefinite delivery vehicle (IDV) contracts. These IDV contracts, one for silver raw materials with a $10 billion ceiling and one for raw gold bullion, allow the Mint 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 2031JG21F51170?
2031JG21F51170 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 8, 2021.
How much is contract 2031JG21F51170 worth?
The government has obligated $3,727,835 on 2031JG21F51170.
Is contract 2031JG21F51170 an order under another contract?
Yes. 2031JG21F51170 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51170 competed?
The extent of competition for 2031JG21F51170 was full and open competition.
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