Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51219
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,389,859
Award facts
- Contract value 100% obligated
- $3,389,859.07 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $3,389,859.07 and a performance period ending on May 24, 2021.
Stonex Financial LTD is an established supplier of precious metals to the United States government, particularly the United States Mint. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations.
This contract award does not have a set-aside designation, and there is no information provided about any major subcontractors. The contract represents a strategic procurement approach by the United States Mint to maintain a steady and reliable supply of critical raw materials from an international source.
Quick answers
Who was awarded contract 2031JG21F51219?
2031JG21F51219 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 13, 2021.
How much is contract 2031JG21F51219 worth?
The government has obligated $3,389,859 on 2031JG21F51219.
Is contract 2031JG21F51219 an order under another contract?
Yes. 2031JG21F51219 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51219 competed?
The extent of competition for 2031JG21F51219 was full and open competition.
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