Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51363
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,233,099
Award facts
- Contract value 100% obligated
- $4,233,099.39 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $4,233,099.39 firm fixed price delivery order contract is for the supply of raw gold bullion. It is not designated as a set-aside.
The contract is part of two larger indefinite delivery vehicle (IDV) contracts Stonex Financial LTD holds with the United States Mint. The primary IDV, a $10 billion multiple-award contract for silver raw materials, was awarded in June 2021 and extends through December 2040. The second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not provided.
Under these IDVs, the United States Mint routinely issues firm fixed price 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 this international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG21F51363?
2031JG21F51363 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 7, 2021.
How much is contract 2031JG21F51363 worth?
The government has obligated $4,233,099 on 2031JG21F51363.
Is contract 2031JG21F51363 an order under another contract?
Yes. 2031JG21F51363 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51363 competed?
The extent of competition for 2031JG21F51363 was full and open competition.
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