Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51262
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,487,824
Award facts
- Contract value 100% obligated
- $4,487,824.00 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 under the Department of the Treasury. 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, valued at $4,487,824.00, is a firm fixed price delivery order awarded on June 23, 2021, with a completion date of June 28, 2021. Stonex Financial LTD has been awarded multiple delivery order contracts exclusively with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint 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.
Quick answers
Who was awarded contract 2031JG21F51262?
2031JG21F51262 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 23, 2021.
How much is contract 2031JG21F51262 worth?
The government has obligated $4,487,824 on 2031JG21F51262.
Is contract 2031JG21F51262 an order under another contract?
Yes. 2031JG21F51262 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51262 competed?
The extent of competition for 2031JG21F51262 was full and open competition.
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