Raw gold bullion

Ended Awarded

Contract number
2031JG21F51352
Awardee
Awarding agency
Obligated
$4,154,019

Award facts

Contract value 100% obligated
$4,154,018.91 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 to Stonex Financial LTD, a for-profit organization based in London, UK, is for the delivery of raw gold bullion to the United States Mint. The contract, valued at $4,154,018.91, is a firm fixed price delivery order contract with no set-aside designation.

Stonex Financial LTD appears to be a key supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts, including a $10 billion ceiling value IDV for silver raw materials and an additional IDV for raw gold bullion. Under these IDVs, the Mint regularly issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, 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 2031JG21F51352?

2031JG21F51352 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 17, 2021.

How much is contract 2031JG21F51352 worth?

The government has obligated $4,154,019 on 2031JG21F51352.

Is contract 2031JG21F51352 an order under another contract?

Yes. 2031JG21F51352 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51352 competed?

The extent of competition for 2031JG21F51352 was full and open competition.

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