Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51130
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,264,645
Award facts
- Contract value 100% obligated
- $4,264,644.94 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 organization based in Great Britain that specializes in providing precious metals and raw materials to the U.S. government.
The contract is a delivery order with a firm fixed price, valued at $4,264,644.94, and has an ultimate completion date of January 31, 2025. 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. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. These contracts enable the Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
The contract does not have a set-aside designation. Stonex Financial LTD has established itself as a key international supplier of raw materials to the United States Mint, consistently providing raw gold bullion and silver raw materials to support the agency's requirements for circulating coins, commemorative coins, bullion coins, and national medals.
Quick answers
Who was awarded contract 2031JG25F51130?
2031JG25F51130 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 21, 2025.
How much is contract 2031JG25F51130 worth?
The government has obligated $4,264,645 on 2031JG25F51130.
Is contract 2031JG25F51130 an order under another contract?
Yes. 2031JG25F51130 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51130 competed?
The extent of competition for 2031JG25F51130 was full and open competition.
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