Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51145
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,971,996
Award facts
- Contract value 100% obligated
- $6,971,996.22 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. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management with a focus on precious metals. The contract has a ceiling value of $6,971,996.22 and is a firm fixed price delivery order contract type with no set-aside designation.
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 extending through 2040, and another for raw gold bullion supply. Under these IDVs, the Mint issues firm fixed price delivery orders to Stonex Financial LTD, 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.
Quick answers
Who was awarded contract 2031JG25F51145?
2031JG25F51145 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 12, 2025.
How much is contract 2031JG25F51145 worth?
The government has obligated $6,971,996 on 2031JG25F51145.
Is contract 2031JG25F51145 an order under another contract?
Yes. 2031JG25F51145 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51145 competed?
The extent of competition for 2031JG25F51145 was full and open competition.
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