Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51119
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,238,689
Award facts
- Contract value 100% obligated
- $4,238,689.11 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 contract was awarded to Stonex Financial LTD, a for-profit international organization based in Great Britain that specializes in providing precious metals and raw materials.
The contract, identified as 2031JG20D00010|2031JG25F51119, is a delivery order with a firm fixed price of $4,238,689.11 and a period of performance through January 31, 2025. Stonex Financial LTD is the prime contractor and there is no set-aside designation mentioned.
This award appears to be associated with a larger indefinite delivery vehicle (IDV) contract, number 2031JG20D00010, which is likely for the supply of raw gold bullion to the United States Mint. Stonex Financial LTD also holds another IDV contract, number 2031JG21D00023, for the supply of silver raw materials to the Mint, with a $10 billion ceiling value and a performance period through December 2040.
Through these IDV contracts, the United States Mint is able to maintain a reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F51119?
2031JG25F51119 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 21, 2025.
How much is contract 2031JG25F51119 worth?
The government has obligated $4,238,689 on 2031JG25F51119.
Is contract 2031JG25F51119 an order under another contract?
Yes. 2031JG25F51119 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51119 competed?
The extent of competition for 2031JG25F51119 was full and open competition.
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