Raw gold bullion

Ended Awarded

Contract number
2031JG21F51360
Awardee
Awarding agency
Obligated
$4,287,255

Award facts

Contract value 100% obligated
$4,287,255.06 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 $4,287,255.06, 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. The IDV likely has a much larger ceiling value, though the specific amount is not provided. 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. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG21F51360?

2031JG21F51360 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 17, 2021.

How much is contract 2031JG21F51360 worth?

The government has obligated $4,287,255 on 2031JG21F51360.

Is contract 2031JG21F51360 an order under another contract?

Yes. 2031JG21F51360 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51360 competed?

The extent of competition for 2031JG21F51360 was full and open competition.

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