Raw gold bullion

Ended Awarded

Contract number
2031JG25F51115
Awardee
Awarding agency
Obligated
$4,238,481

Award facts

Contract value 100% obligated
$4,238,481.08 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 to Stonex Financial LTD, a for-profit organization based in London, UK, provides raw gold bullion to the United States Mint, a civilian agency of the U.S. government. The contract has a ceiling value of $4,238,481.08 and is a firm fixed price delivery order, with an ultimate completion date of January 24, 2025. Stonex Financial LTD has been awarded multiple delivery order contracts with the U.S. Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metals including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. These IDVs allow the U.S. Mint to consistently source critical raw materials from Stonex Financial LTD to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F51115?

2031JG25F51115 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 15, 2025.

How much is contract 2031JG25F51115 worth?

The government has obligated $4,238,481 on 2031JG25F51115.

Is contract 2031JG25F51115 an order under another contract?

Yes. 2031JG25F51115 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51115 competed?

The extent of competition for 2031JG25F51115 was full and open competition.

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