Raw gold bullion
Active Awarded
- Contract number
- 2031JG21F51223
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,438,068
Award facts
- Contract value 100% obligated
- $3,438,068.14 Current and potential, with all options
- Completion date 54% 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 and has a ceiling value of $3,438,068.14. The contract has an ultimate completion date of May 24, 2031, and was originally awarded on May 13, 2021.
Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of precious metals, including a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, 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. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51223?
2031JG21F51223 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 13, 2021.
How much is contract 2031JG21F51223 worth?
The government has obligated $3,438,068 on 2031JG21F51223.
Is contract 2031JG21F51223 an order under another contract?
Yes. 2031JG21F51223 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51223 competed?
The extent of competition for 2031JG21F51223 was full and open competition.
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