Raw gold bullion

Ended Awarded

Contract number
2031JG21F51215
Awardee
Awarding agency
Obligated
$2,934,028

Award facts

Contract value 100% obligated
$2,934,028.35 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 of the U.S. government. The contract, a firm fixed price delivery order, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract has a ceiling value of $2,934,028.35 and an ultimate completion date of May 24, 2021.

Stonex Financial LTD, doing business as Intl, specializes in global commodity trading and risk management, with a focus on precious metals. The company has established itself as a key supplier of raw materials to the U.S. government, particularly the United States Mint, and has been awarded numerous delivery order contracts for the provision of precious metals such as gold, silver, and palladium.

The contract does not have a set-aside designation, and there is no mention of major subcontractors. The awarded contract is associated with two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply.

Quick answers

Who was awarded contract 2031JG21F51215?

2031JG21F51215 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 12, 2021.

How much is contract 2031JG21F51215 worth?

The government has obligated $2,934,028 on 2031JG21F51215.

Is contract 2031JG21F51215 an order under another contract?

Yes. 2031JG21F51215 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51215 competed?

The extent of competition for 2031JG21F51215 was full and open competition.

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