Raw gold bullion
Ended Awarded
- Contract number
- 2031JG21F51387
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,000,257
Award facts
- Contract value 100% obligated
- $5,000,257.36 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 contract is a delivery order award to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management with a focus on precious metals. The contract, valued at $5,000,257.36, is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract is a firm fixed-price, delivery order type without any set-aside designation.
Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint - a $10 billion multiple-award contract for silver raw materials, and an IDV for raw gold bullion supply. Under these IDVs, the Mint routinely issues firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, enabling the agency 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 2031JG21F51387?
2031JG21F51387 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 27, 2021.
How much is contract 2031JG21F51387 worth?
The government has obligated $5,000,257 on 2031JG21F51387.
Is contract 2031JG21F51387 an order under another contract?
Yes. 2031JG21F51387 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG21F51387 competed?
The extent of competition for 2031JG21F51387 was full and open competition.
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