Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51226
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,398,624
Award facts
- Contract value 100% obligated
- $1,398,624.48 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 federal delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion with a ceiling value of $1,398,624.48. The contract was awarded on May 25, 2021, with a completion date of June 1, 2021, and is a firm fixed price contract.
Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts with the agency. These IDVs, one for silver raw materials with a $10 billion ceiling and another for raw gold bullion, allow the Mint to routinely issue fixed-price delivery orders to Stonex, typically valued between $10 million and $16 million each. This contracting approach ensures the Mint maintains a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51226?
2031JG21F51226 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 25, 2021.
How much is contract 2031JG21F51226 worth?
The government has obligated $1,398,624 on 2031JG21F51226.
Is contract 2031JG21F51226 an order under another contract?
Yes. 2031JG21F51226 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51226 competed?
The extent of competition for 2031JG21F51226 was full and open competition.
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