Raw gold bullion

Ended Awarded

Contract number
2031JG21F51350
Awardee
Awarding agency
Obligated
$2,916,663

Award facts

Contract value 100% obligated
$2,916,662.55 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 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 $2,916,662.55 firm fixed price delivery order contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract has no set-aside designation and was issued under two larger indefinite delivery vehicle (IDV) contracts the Mint has awarded to Stonex Financial LTD - one for up to $10 billion in silver raw materials and another for an unspecified ceiling value in raw gold bullion. These IDVs allow the Mint to consistently source critical precious metal raw materials from Stonex Financial LTD to support ongoing coin and medal production operations. The contract performance is based in Great Britain, with the vendor delivering the raw gold bullion from its facilities to the Mint's production centers in the United States.

Quick answers

Who was awarded contract 2031JG21F51350?

2031JG21F51350 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 14, 2021.

How much is contract 2031JG21F51350 worth?

The government has obligated $2,916,663 on 2031JG21F51350.

Is contract 2031JG21F51350 an order under another contract?

Yes. 2031JG21F51350 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51350 competed?

The extent of competition for 2031JG21F51350 was full and open competition.

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