Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51176
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,840,314
Award facts
- Contract value 100% obligated
- $2,840,313.52 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 under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.
The contract is a delivery order with a firm fixed price of $2,840,313.52 and an ultimate completion date of April 2, 2021. Stonex Financial LTD has been awarded numerous delivery order contracts exclusively with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of raw precious metals including gold, silver, and palladium.
Additionally, Stonex Financial LTD 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 supply. These IDVs allow the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51176?
2031JG21F51176 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 29, 2021.
How much is contract 2031JG21F51176 worth?
The government has obligated $2,840,314 on 2031JG21F51176.
Is contract 2031JG21F51176 an order under another contract?
Yes. 2031JG21F51176 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51176 competed?
The extent of competition for 2031JG21F51176 was full and open competition.
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