Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51174
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,102,548
Award facts
- Contract value 100% obligated
- $4,102,548.42 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 is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the federal government. The contract was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The contract, valued at $4,102,548.42, is a firm fixed price delivery order with an ultimate completion date of March 26, 2021. Stonex Financial LTD has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million per order, for the supply of precious metals 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, which allow the Mint to consistently source critical raw materials from this proven international supplier. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51174?
2031JG21F51174 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 22, 2021.
How much is contract 2031JG21F51174 worth?
The government has obligated $4,102,548 on 2031JG21F51174.
Is contract 2031JG21F51174 an order under another contract?
Yes. 2031JG21F51174 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51174 competed?
The extent of competition for 2031JG21F51174 was full and open competition.
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