Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51229
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,033,247
Award facts
- Contract value 100% obligated
- $3,033,247.20 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 federal contract award, with a ceiling value of $3,033,247.20, was issued 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 does not have a set-aside designation.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. 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 supply. 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 particular contract award, valued at $3,033,247.20, represents one such delivery order for raw gold bullion, with a performance period ending on May 28, 2021. The contract requires Stonex Financial LTD to deliver the raw gold bullion from its facilities in Great Britain to the United States Mint's production centers.
Quick answers
Who was awarded contract 2031JG21F51229?
2031JG21F51229 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 25, 2021.
How much is contract 2031JG21F51229 worth?
The government has obligated $3,033,247 on 2031JG21F51229.
Is contract 2031JG21F51229 an order under another contract?
Yes. 2031JG21F51229 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51229 competed?
The extent of competition for 2031JG21F51229 was full and open competition.
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