Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51228
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,389,997
Award facts
- Contract value 100% obligated
- $1,389,997.10 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 firm fixed price delivery order contract was awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $1,389,997.10 contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the United States government. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another 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.
This particular contract did not have a set-aside designation. The performance is to take place in Great Britain, with the raw gold bullion being delivered from Stonex Financial LTD's facilities in the United Kingdom to the United States Mint's production centers.
Quick answers
Who was awarded contract 2031JG21F51228?
2031JG21F51228 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 25, 2021.
How much is contract 2031JG21F51228 worth?
The government has obligated $1,389,997 on 2031JG21F51228.
Is contract 2031JG21F51228 an order under another contract?
Yes. 2031JG21F51228 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51228 competed?
The extent of competition for 2031JG21F51228 was full and open competition.
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