Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51257
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,953,762
Award facts
- Contract value 100% obligated
- $3,953,761.50 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 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 international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals.
The contract, awarded on June 23, 2021, is a firm fixed price delivery order with a ceiling value of $3,953,761.50 and a completion date of June 28, 2021. This award is associated with two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint, including a $10 billion IDV for silver raw materials and an IDV for raw gold bullion supply. The contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51257?
2031JG21F51257 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 23, 2021.
How much is contract 2031JG21F51257 worth?
The government has obligated $3,953,762 on 2031JG21F51257.
Is contract 2031JG21F51257 an order under another contract?
Yes. 2031JG21F51257 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51257 competed?
The extent of competition for 2031JG21F51257 was full and open competition.
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