Raw gold bullion

Ended Awarded

Contract number
2031JG21F51218
Awardee
Awarding agency
Obligated
$1,388,013

Award facts

Contract value 100% obligated
$1,388,012.95 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $1,388,012.95 firm fixed price delivery order contract is for the provision of raw gold bullion. It was awarded on May 12, 2021, with a completion date of May 24, 2021. The contract is not designated as a set-aside.

Stonex Financial LTD, doing business as Intl, is 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 by the Mint, ranging from $1 million to $22 million, as well as two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (up to $10 billion ceiling) and raw gold bullion supply. 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 2031JG21F51218?

2031JG21F51218 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 12, 2021.

How much is contract 2031JG21F51218 worth?

The government has obligated $1,388,013 on 2031JG21F51218.

Is contract 2031JG21F51218 an order under another contract?

Yes. 2031JG21F51218 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51218 competed?

The extent of competition for 2031JG21F51218 was full and open competition.

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