Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51266
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,908,015
Award facts
- Contract value 100% obligated
- $3,908,015.44 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 prime contractor is 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 is a delivery order with a firm fixed price of $3,908,015.44 and an ultimate completion date of July 5, 2021. It is not designated as a set-aside contract. Stonex Financial LTD has been awarded multiple delivery order contracts of between $1 million and $22 million for the supply of precious metals such as gold, silver, and palladium to the United States Mint since 2021. 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 a proven international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51266?
2031JG21F51266 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 29, 2021.
How much is contract 2031JG21F51266 worth?
The government has obligated $3,908,015 on 2031JG21F51266.
Is contract 2031JG21F51266 an order under another contract?
Yes. 2031JG21F51266 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51266 competed?
The extent of competition for 2031JG21F51266 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award