Raw gold bullion

Ended Awarded

Contract number
2031JG21F51326
Awardee
Awarding agency
Obligated
$4,285,720

Award facts

Contract value 100% obligated
$4,285,719.69 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 under the Department of the Treasury. The prime contractor, Stonex Financial LTD, is an international for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.

The contract, valued at $4,285,719.69, is a firm fixed price delivery order awarded on September 7, 2021, with an ultimate completion date of September 16, 2021. This contract is not set aside for any specific business type. Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts by the United States Mint, including a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion supply, indicating the company is a critical supplier of precious metals to support the Mint's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51326?

2031JG21F51326 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 7, 2021.

How much is contract 2031JG21F51326 worth?

The government has obligated $4,285,720 on 2031JG21F51326.

Is contract 2031JG21F51326 an order under another contract?

Yes. 2031JG21F51326 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51326 competed?

The extent of competition for 2031JG21F51326 was full and open competition.

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