Raw gold bullion

Ended Awarded

Contract number
2031JG21F51188
Awardee
Awarding agency
Obligated
$4,080,408

Award facts

Contract value 100% obligated
$4,080,408.09 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 to Stonex Financial LTD, a for-profit organization based in London, UK, is a firm fixed price delivery order contract with the United States Mint, a civilian agency. The contract is for the delivery of $4,080,408.09 in raw gold bullion to the agency, with an ultimate completion date of April 7, 2021. Stonex Financial LTD appears to be an established supplier of precious metals such as gold, silver, and palladium to the United States government, having been awarded multiple indefinite delivery vehicle (IDV) contracts with the Mint worth up to $10 billion for silver raw materials and an undisclosed ceiling for raw gold bullion. These IDV contracts enable the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations. The contract award does not mention any set-aside designations.

Quick answers

Who was awarded contract 2031JG21F51188?

2031JG21F51188 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 1, 2021.

How much is contract 2031JG21F51188 worth?

The government has obligated $4,080,408 on 2031JG21F51188.

Is contract 2031JG21F51188 an order under another contract?

Yes. 2031JG21F51188 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51188 competed?

The extent of competition for 2031JG21F51188 was full and open competition.

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