Raw gold bullion

Ended Awarded

Contract number
2031JG21F51206
Awardee
Awarding agency
Obligated
$2,761,823

Award facts

Contract value 100% obligated
$2,761,822.64 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 U.S. 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 of precious metals. The contract has a firm fixed price ceiling value of $2,761,822.64 and was awarded on May 3, 2021, with a completion date of May 7, 2021. This appears to be a delivery order contract under a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of precious metals, including gold, silver, and palladium. The IDV contracts have multi-billion dollar ceiling values and enable the Mint to maintain a reliable supply of critical raw materials from an international source to support the agency's ongoing coin and medal production operations. No set-aside designation was used for this award.

Quick answers

Who was awarded contract 2031JG21F51206?

2031JG21F51206 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 3, 2021.

How much is contract 2031JG21F51206 worth?

The government has obligated $2,761,823 on 2031JG21F51206.

Is contract 2031JG21F51206 an order under another contract?

Yes. 2031JG21F51206 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51206 competed?

The extent of competition for 2031JG21F51206 was full and open competition.

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