Raw gold bullion

Ended Awarded

Contract number
2031JG25F51116
Awardee
Awarding agency
Obligated
$4,238,529

Award facts

Contract value 100% obligated
$4,238,529.09 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

This federal contract award to Stonex Financial LTD, doing business as Intl, is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract is a $4,238,529.09 firm fixed price delivery order, with a period of performance through January 24, 2025. Stonex Financial LTD, a for-profit international organization based in Great Britain, holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint for the supply of precious metals, including silver raw materials and raw gold bullion. The Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD under these IDVs, 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. This particular award does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG25F51116?

2031JG25F51116 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 15, 2025.

How much is contract 2031JG25F51116 worth?

The government has obligated $4,238,529 on 2031JG25F51116.

Is contract 2031JG25F51116 an order under another contract?

Yes. 2031JG25F51116 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51116 competed?

The extent of competition for 2031JG25F51116 was full and open competition.

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