Raw gold bullion

Ended Awarded

Contract number
2031JG21F51177
Awardee
Awarding agency
Obligated
$2,821,134

Award facts

Contract value 100% obligated
$2,821,134.39 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,821,134.39 and a performance period ending on April 2, 2021.

Stonex Financial LTD, doing business as Intl, specializes in global commodity trading and risk management, particularly in precious metals. The company has established itself as a key supplier of raw materials to the United States Mint, delivering essential raw materials such as gold, silver, and palladium used in the production of circulating coins, commemorative coins, bullion coins, and national medals.

This contract is not associated with any set-aside designation. Stonex Financial LTD 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.

Quick answers

Who was awarded contract 2031JG21F51177?

2031JG21F51177 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 29, 2021.

How much is contract 2031JG21F51177 worth?

The government has obligated $2,821,134 on 2031JG21F51177.

Is contract 2031JG21F51177 an order under another contract?

Yes. 2031JG21F51177 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51177 competed?

The extent of competition for 2031JG21F51177 was full and open competition.

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