Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51114
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,238,433
Award facts
- Contract value 100% obligated
- $4,238,433.08 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 federal contract award is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The prime contractor is Stonex Financial LTD, a for-profit international organization based in Great Britain that specializes in providing precious metals and raw materials to the U.S. government.
The contract, awarded on January 15, 2025, is a delivery order with a ceiling value of $4,238,433.08. It has a firm fixed price pricing type and an ultimate completion date of January 24, 2025. This award is not associated with any set-aside designation.
Stonex Financial LTD, doing business as Intl, 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. 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, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F51114?
2031JG25F51114 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 15, 2025.
How much is contract 2031JG25F51114 worth?
The government has obligated $4,238,433 on 2031JG25F51114.
Is contract 2031JG25F51114 an order under another contract?
Yes. 2031JG25F51114 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51114 competed?
The extent of competition for 2031JG25F51114 was full and open competition.
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