Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51251
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,429,246
Award facts
- Contract value 100% obligated
- $4,429,246.35 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 to Stonex Financial LTD, a for-profit organization based in London, UK, is a firm fixed price delivery order contract for the supply of raw gold bullion to the United States Mint. The contract has a ceiling value of $4,429,246.35 and was awarded on June 16, 2021, with a completion date of June 23, 2021.
Stonex Financial LTD appears to be a strategic supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts by the Mint, including a $10 billion IDV for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDVs, the Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of critical raw materials for the Mint's coin and medal production operations. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51251?
2031JG21F51251 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 16, 2021.
How much is contract 2031JG21F51251 worth?
The government has obligated $4,429,246 on 2031JG21F51251.
Is contract 2031JG21F51251 an order under another contract?
Yes. 2031JG21F51251 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51251 competed?
The extent of competition for 2031JG21F51251 was full and open competition.
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