Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51235
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,521,835
Award facts
- Contract value 100% obligated
- $3,521,835.26 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 for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract was awarded 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, a firm fixed price delivery order, has a ceiling value of $3,521,835.26 and was awarded on May 25, 2021, with a completion date of June 1, 2021. This contract is part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of raw gold bullion, which appears to have no explicitly stated ceiling value.
The contract does not have a set-aside designation, and there is no mention of any major subcontractors. The United States Mint, which is responsible for the production of circulating coins, commemorative coins, bullion coins, and national medals, is the funding agency for this contract. Stonex Financial LTD's ability to consistently supply critical raw materials, such as gold, silver, and palladium, to the United States Mint has made the company a strategic supplier for the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51235?
2031JG21F51235 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 25, 2021.
How much is contract 2031JG21F51235 worth?
The government has obligated $3,521,835 on 2031JG21F51235.
Is contract 2031JG21F51235 an order under another contract?
Yes. 2031JG21F51235 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51235 competed?
The extent of competition for 2031JG21F51235 was full and open competition.
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