Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG21F51283
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,109,997
Award facts
- Contract value 100% obligated
- $4,109,997.08 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $6,673 | |
| Original award | $4,103,325 |
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, specializing in global commodity trading and risk management with a focus on precious metals.
The contract, valued at $4,109,997.08, is a firm fixed price delivery order with a completion date of July 22, 2021. This award is part of larger indefinite delivery vehicle (IDV) contracts between Stonex Financial LTD and the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and another IDV for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG21F51283?
2031JG21F51283 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 12, 2021.
How much is contract 2031JG21F51283 worth?
The government has obligated $4,109,997 on 2031JG21F51283.
Is contract 2031JG21F51283 an order under another contract?
Yes. 2031JG21F51283 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51283 competed?
The extent of competition for 2031JG21F51283 was full and open competition.
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