Raw gold bullion

Ended Awarded

Contract number
2031JG25F51109
Awardee
Awarding agency
Obligated
$1,974,356

Award facts

Contract value 100% obligated
$1,974,356.09 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

The U.S. Department of the Treasury's United States Mint awarded a firm fixed price delivery order contract worth $1,974,356.09 to Stonex Financial LTD, a for-profit international organization based in Great Britain. The contract is for the delivery of raw gold bullion to support the Mint's production of circulating coins, commemorative coins, bullion coins, and national medals. This contract is not set aside for any specific business type.

Stonex Financial LTD, doing business as Intl, is a key supplier of precious metals to the United States Mint. The company serves as the prime contractor on this award and has received numerous similar contracts from the Mint, typically ranging in value from $700,000 to $16 million. Stonex Financial LTD also holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for $10 billion to provide silver raw materials, and another for raw gold bullion. These IDVs enable the Mint to maintain a steady supply of precious metals for its coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F51109?

2031JG25F51109 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 25, 2024.

How much is contract 2031JG25F51109 worth?

The government has obligated $1,974,356 on 2031JG25F51109.

Is contract 2031JG25F51109 an order under another contract?

Yes. 2031JG25F51109 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51109 competed?

The extent of competition for 2031JG25F51109 was full and open competition.

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