Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51220
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,919,552
Award facts
- Contract value 100% obligated
- $2,919,551.78 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 federal contract award is to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals. The contract is with the United States Mint, a civilian federal agency, for the delivery of raw gold bullion. The contract is a delivery order with a firm fixed price, valued at $2,919,551.78, and has an ultimate completion date of May 24, 2021. This contract is not set aside and is part of two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint for the supply of silver raw materials (with a $10 billion ceiling value) and raw gold bullion (with an unspecified ceiling value). These IDV contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51220?
2031JG21F51220 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 13, 2021.
How much is contract 2031JG21F51220 worth?
The government has obligated $2,919,552 on 2031JG21F51220.
Is contract 2031JG21F51220 an order under another contract?
Yes. 2031JG21F51220 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51220 competed?
The extent of competition for 2031JG21F51220 was full and open competition.
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