Raw gold bullion

Ended Awarded

Contract number
2031JG21F51253
Awardee
Awarding agency
Obligated
$4,484,469

Award facts

Contract value 100% obligated
$4,484,469.13 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 under the Department of the Treasury. The contract, valued at $4,484,469.13, was awarded on June 15, 2021 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order with an ultimate completion date of June 24, 2021.

Stonex Financial LTD has established itself as a key 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 raw gold bullion and another for $10 billion in silver raw materials, enabling the agency to maintain a reliable supply of critical raw materials for its coin and medal production operations. This particular award appears to be issued under one of those IDV contracts.

Quick answers

Who was awarded contract 2031JG21F51253?

2031JG21F51253 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 15, 2021.

How much is contract 2031JG21F51253 worth?

The government has obligated $4,484,469 on 2031JG21F51253.

Is contract 2031JG21F51253 an order under another contract?

Yes. 2031JG21F51253 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51253 competed?

The extent of competition for 2031JG21F51253 was full and open competition.

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