Raw gold bullion

Ended Awarded

Contract number
2031JG21F51307
Awardee
Awarding agency
Obligated
$4,226,484

Award facts

Contract value 100% obligated
$4,226,483.55 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 contract represents a firm fixed-price delivery order awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,226,483.55 award is for the delivery of raw gold bullion, with a performance period ending on August 25, 2021.

Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value multiple-award contract for silver raw materials and an additional IDV for raw gold bullion supply. Under these IDVs, the Mint issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source. This contract award is not associated with any set-aside designations.

Quick answers

Who was awarded contract 2031JG21F51307?

2031JG21F51307 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 16, 2021.

How much is contract 2031JG21F51307 worth?

The government has obligated $4,226,484 on 2031JG21F51307.

Is contract 2031JG21F51307 an order under another contract?

Yes. 2031JG21F51307 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51307 competed?

The extent of competition for 2031JG21F51307 was full and open competition.

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