Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51263
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,343,264
Award facts
- Contract value 100% obligated
- $2,343,263.74 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, valued at $2,343,263.74, 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.
The contract is a firm fixed price delivery order with no set-aside designation. Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. This contract is one of several delivery orders the company has received from the United States Mint since 2021, typically ranging from $1 million to $22 million per order.
In addition to this specific contract, Stonex Financial LTD 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 supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51263?
2031JG21F51263 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 23, 2021.
How much is contract 2031JG21F51263 worth?
The government has obligated $2,343,264 on 2031JG21F51263.
Is contract 2031JG21F51263 an order under another contract?
Yes. 2031JG21F51263 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51263 competed?
The extent of competition for 2031JG21F51263 was full and open competition.
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