Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51269
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,744,729
Award facts
- Contract value 100% obligated
- $3,744,729.39 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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, particularly in precious metals.
The contract has a ceiling value of $3,744,729.39 and is a delivery order contract with a firm fixed price pricing type. It was awarded on July 9, 2021, with a completion date of July 21, 2021. This contract does not have a set-aside designation.
Stonex Financial LTD appears to be a proven supplier of precious metals to the United States Mint, as the company holds two significant indefinite delivery vehicle (IDV) contracts with the agency, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. The Mint regularly issues firm fixed price delivery orders to Stonex Financial LTD under these IDVs, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51269?
2031JG21F51269 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 9, 2021.
How much is contract 2031JG21F51269 worth?
The government has obligated $3,744,729 on 2031JG21F51269.
Is contract 2031JG21F51269 an order under another contract?
Yes. 2031JG21F51269 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51269 competed?
The extent of competition for 2031JG21F51269 was full and open competition.
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