Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51099
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,644,180
Award facts
- Contract value 100% obligated
- $6,644,179.87 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, valued at $6,644,179.87, was issued by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion.
This award is one of several delivery order contracts the United States Mint has issued to Stonex Financial LTD since 2021, ranging from $1 million to $22 million per order. The contracts support the Mint's ongoing coin and medal production operations by providing a steady and reliable supply of precious metals. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply.
The contract does not have a set-aside designation and is a firm fixed price delivery order. Stonex Financial LTD is the prime contractor, with no major subcontractors identified. This award demonstrates the United States Mint's strategic procurement approach to consistently source critical raw materials from a proven international supplier.
Quick answers
Who was awarded contract 2031JG25F51099?
2031JG25F51099 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 6, 2024.
How much is contract 2031JG25F51099 worth?
The government has obligated $6,644,180 on 2031JG25F51099.
Is contract 2031JG25F51099 an order under another contract?
Yes. 2031JG25F51099 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51099 competed?
The extent of competition for 2031JG25F51099 was full and open competition.
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