Raw gold bullion

Ended Awarded

Contract number
2031JG21F51346
Awardee
Awarding agency
Obligated
$2,925,110

Award facts

Contract value 100% obligated
$2,925,110.39 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 federal contract award, valued at $2,925,110.39, was issued by the United States Mint (an agency of the U.S. government's Department of the Treasury) to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion and does not have a set-aside designation.

Stonex Financial LTD is a key supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint, ranging from $1 million to $22 million per order, to provide these critical raw materials. Additionally, Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, which allow the agency to consistently source precious metals from this proven international supplier to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51346?

2031JG21F51346 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 14, 2021.

How much is contract 2031JG21F51346 worth?

The government has obligated $2,925,110 on 2031JG21F51346.

Is contract 2031JG21F51346 an order under another contract?

Yes. 2031JG21F51346 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51346 competed?

The extent of competition for 2031JG21F51346 was full and open competition.

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