Raw gold bullion

Ended Awarded

Contract number
2031JG21F51214
Awardee
Awarding agency
Obligated
$1,382,352

Award facts

Contract value 100% obligated
$1,382,351.81 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 to Stonex Financial LTD, doing business as Intl, is a firm fixed price delivery order for the supply of raw gold bullion to the United States Mint. The contract has a ceiling value of $1,382,351.81 and an ultimate completion date of May 24, 2021. This is one of multiple delivery order contracts the company has received from the U.S. Mint, ranging from $1 million to $22 million per order, for the provision of precious metal raw materials such as gold, silver, and palladium. Stonex Financial LTD, based in London, UK, has also been awarded two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, including a $10 billion IDV for silver raw materials and another for raw gold bullion. These strategic procurement vehicles allow the U.S. Mint to consistently source critical raw materials from this proven international supplier to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG21F51214?

2031JG21F51214 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 12, 2021.

How much is contract 2031JG21F51214 worth?

The government has obligated $1,382,352 on 2031JG21F51214.

Is contract 2031JG21F51214 an order under another contract?

Yes. 2031JG21F51214 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51214 competed?

The extent of competition for 2031JG21F51214 was full and open competition.

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