Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51247
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,088,494
Award facts
- Contract value 100% obligated
- $3,088,493.84 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 within the U.S. government. The contract, valued at $3,088,493.84, was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management of precious metals.
The contract is a firm fixed-price delivery order that is part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint. The IDV contracts, which include one for silver raw materials with a $10 billion ceiling value, allow the Mint to routinely issue delivery orders to Stonex Financial LTD 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 2031JG21F51247?
2031JG21F51247 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 2, 2021.
How much is contract 2031JG21F51247 worth?
The government has obligated $3,088,494 on 2031JG21F51247.
Is contract 2031JG21F51247 an order under another contract?
Yes. 2031JG21F51247 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51247 competed?
The extent of competition for 2031JG21F51247 was full and open competition.
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