Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51261
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,522,039
Award facts
- Contract value 100% obligated
- $4,522,038.67 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 on June 23, 2021 to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
The contract, valued at $4,522,038.67, is a delivery order contract with a firm fixed price pricing type. It is not associated with any set-aside designation. Stonex Financial LTD is delivering the raw gold bullion from its facilities in Great Britain to the United States Mint's production centers.
This contract appears to be one of multiple delivery order contracts that Stonex Financial LTD has been awarded by the United States Mint since 2021, ranging from $1 million to $22 million per order. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from Stonex Financial LTD to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51261?
2031JG21F51261 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 23, 2021.
How much is contract 2031JG21F51261 worth?
The government has obligated $4,522,039 on 2031JG21F51261.
Is contract 2031JG21F51261 an order under another contract?
Yes. 2031JG21F51261 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51261 competed?
The extent of competition for 2031JG21F51261 was full and open competition.
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