Raw gold bullion

Ended Awarded

Contract number
2031JG21F51202
Awardee
Awarding agency
Obligated
$3,290,758

Award facts

Contract value 100% obligated
$3,290,758.17 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 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 $3,290,758.17. It was awarded on May 3, 2021, with a final completion date of May 7, 2021. The contract is a firm fixed price delivery order and does not have a set-aside designation.

Stonex Financial LTD appears to be a key supplier of precious metals, such as gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, as well as two significant indefinite delivery vehicle (IDV) contracts for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion. These contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51202?

2031JG21F51202 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 3, 2021.

How much is contract 2031JG21F51202 worth?

The government has obligated $3,290,758 on 2031JG21F51202.

Is contract 2031JG21F51202 an order under another contract?

Yes. 2031JG21F51202 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51202 competed?

The extent of competition for 2031JG21F51202 was full and open competition.

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