Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51351
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,158,321
Award facts
- Contract value 100% obligated
- $4,158,321.31 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, with a ceiling value of $4,158,321.31, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.
The contract is a delivery order under an indefinite delivery vehicle (IDV) contract held by Stonex Financial LTD with the United States Mint. This IDV, awarded in June 2021, has a $10 billion ceiling value and extends through December 2040, allowing the Mint to consistently source critical raw materials from this proven international supplier. The contract does not have a set-aside designation. Through these IDV and delivery order contracts, Stonex Financial LTD has become a critical vendor for the United States Mint, delivering essential raw materials used in the production of circulating coins, commemorative coins, bullion coins, and national medals.
Quick answers
Who was awarded contract 2031JG21F51351?
2031JG21F51351 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 17, 2021.
How much is contract 2031JG21F51351 worth?
The government has obligated $4,158,321 on 2031JG21F51351.
Is contract 2031JG21F51351 an order under another contract?
Yes. 2031JG21F51351 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51351 competed?
The extent of competition for 2031JG21F51351 was full and open competition.
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