Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51147
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,661,540
Award facts
- Contract value 100% obligated
- $4,661,540.04 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
- Fixed Price Incentive
- 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 of the U.S. government. 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, particularly for precious metals.
The contract is a delivery order with a fixed price incentive pricing type, valued at $4,661,540.04. It has an ultimate completion date of April 4, 2025. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, under which the Mint issues firm fixed price delivery orders to the company. 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. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG25F51147?
2031JG25F51147 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 19, 2025.
How much is contract 2031JG25F51147 worth?
The government has obligated $4,661,540 on 2031JG25F51147.
Is contract 2031JG25F51147 an order under another contract?
Yes. 2031JG25F51147 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51147 competed?
The extent of competition for 2031JG25F51147 was full and open competition.
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