Raw gold bullion

Ended Awarded

Contract number
2031JG25F51128
Awardee
Awarding agency
Obligated
$4,239,121

Award facts

Contract value 100% obligated
$4,239,121.18 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 contract, awarded by the United States Mint (part of the U.S. Department of the Treasury), is for the provision of raw gold bullion by Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a delivery order with a firm fixed price and a total ceiling value of $4,239,121.18. There is no set-aside designation for this contract.

Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States government. The company has been awarded multiple delivery order contracts with the United States Mint, ranging from $1 million to $22 million per order, to provide raw materials for the production of circulating coins, commemorative coins, bullion coins, and national medals. Additionally, Stonex Financial LTD 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.

The current delivery order contract requires Stonex Financial LTD to deliver the raw gold bullion from its facilities in Great Britain to the United States Mint's production centers, with a performance period from the award date of January 21, 2025, through the ultimate completion date of January 31, 2025.

Quick answers

Who was awarded contract 2031JG25F51128?

2031JG25F51128 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 21, 2025.

How much is contract 2031JG25F51128 worth?

The government has obligated $4,239,121 on 2031JG25F51128.

Is contract 2031JG25F51128 an order under another contract?

Yes. 2031JG25F51128 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51128 competed?

The extent of competition for 2031JG25F51128 was full and open competition.

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