Raw gold bullion

Ended Awarded

Contract number
2031JG25F51124
Awardee
Awarding agency
Obligated
$4,238,929

Award facts

Contract value 100% obligated
$4,238,929.15 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 civilian agency under the Department of the Treasury. The contract, valued at $4,238,929.15, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, and does not have a set-aside designation.

The contract is a firm fixed-price delivery order that is part of two larger indefinite delivery vehicle (IDV) contracts Stonex Financial LTD holds with the United States Mint. The first IDV, awarded in June 2021, is a multiple-award contract for silver raw materials with a $10 billion ceiling value, while the second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not provided. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F51124?

2031JG25F51124 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 21, 2025.

How much is contract 2031JG25F51124 worth?

The government has obligated $4,238,929 on 2031JG25F51124.

Is contract 2031JG25F51124 an order under another contract?

Yes. 2031JG25F51124 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51124 competed?

The extent of competition for 2031JG25F51124 was full and open competition.

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