Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51302
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,250,774
Award facts
- Contract value 100% obligated
- $4,250,774.30 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 is a firm fixed price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $4,250,774.30 and a performance period ending on August 25, 2021.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company has been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, which allow the agency to issue firm fixed price delivery orders for critical raw materials to support its ongoing coin and medal production operations. The primary IDV contract, awarded in June 2021, has a $10 billion ceiling value and is for the supply of silver raw materials through December 2040. This contract and the gold bullion delivery order are part of the Mint's strategic procurement approach to ensure a steady and reliable supply of precious metals from an international source.
Quick answers
Who was awarded contract 2031JG21F51302?
2031JG21F51302 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 16, 2021.
How much is contract 2031JG21F51302 worth?
The government has obligated $4,250,774 on 2031JG21F51302.
Is contract 2031JG21F51302 an order under another contract?
Yes. 2031JG21F51302 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51302 competed?
The extent of competition for 2031JG21F51302 was full and open competition.
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