Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51288
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,857,074
Award facts
- Contract value 100% obligated
- $2,857,073.93 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, a firm fixed price delivery order, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. Stonex Financial LTD specializes in global commodity trading and risk management, with a focus on precious metals, and has become a critical vendor for the United States Mint, delivering essential raw materials used in the production of coins and medals.
The contract award, valued at $2,857,073.93, has an ultimate completion date of July 28, 2021. It is not associated with any set-aside designation. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials and an IDV for raw gold bullion supply, under which the Mint routinely issues firm fixed price delivery orders to the company. These contracts enable the United States Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51288?
2031JG21F51288 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 20, 2021.
How much is contract 2031JG21F51288 worth?
The government has obligated $2,857,074 on 2031JG21F51288.
Is contract 2031JG21F51288 an order under another contract?
Yes. 2031JG21F51288 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51288 competed?
The extent of competition for 2031JG21F51288 was full and open competition.
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