Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51345
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,924,285
Award facts
- Contract value 100% obligated
- $2,924,284.58 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, valued at $2,924,284.58, is a firm fixed price delivery order 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.
The contract is not designated as a set-aside and is one of several delivery order contracts the company has been awarded by the United States Mint since 2021, ranging from $1 million to $22 million per order. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an IDV for raw gold bullion supply. These contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51345?
2031JG21F51345 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 14, 2021.
How much is contract 2031JG21F51345 worth?
The government has obligated $2,924,285 on 2031JG21F51345.
Is contract 2031JG21F51345 an order under another contract?
Yes. 2031JG21F51345 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51345 competed?
The extent of competition for 2031JG21F51345 was full and open competition.
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