Raw gold bullion

Ended Awarded

Contract number
2031JG21F51373
Awardee
Awarding agency
Obligated
$5,118,342

Award facts

Contract value 100% obligated
$5,118,342.48 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 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 with a focus on precious metals.

The contract, valued at $5,118,342.48, is a firm fixed price delivery order awarded on September 20, 2021, with a completion date of September 30, 2021. This appears to be one of many delivery orders issued under Stonex Financial LTD's two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, which include a $10 billion ceiling value IDV for silver raw materials and an IDV for raw gold bullion. These IDVs enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG21F51373?

2031JG21F51373 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 20, 2021.

How much is contract 2031JG21F51373 worth?

The government has obligated $5,118,342 on 2031JG21F51373.

Is contract 2031JG21F51373 an order under another contract?

Yes. 2031JG21F51373 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG21F51373 competed?

The extent of competition for 2031JG21F51373 was full and open competition.

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