Raw gold bullion

Ended Awarded

Contract number
2031JG25F51148
Awardee
Awarding agency
Obligated
$4,657,053

Award facts

Contract value 100% obligated
$4,657,052.73 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 is a firm fixed-price delivery order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the supply of raw gold bullion, with a ceiling value of $4,657,052.73 and a period of performance through April 4, 2025.

Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. 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 support the agency's ongoing coin and medal production operations. This contract is not designated as a set-aside.

Quick answers

Who was awarded contract 2031JG25F51148?

2031JG25F51148 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 19, 2025.

How much is contract 2031JG25F51148 worth?

The government has obligated $4,657,053 on 2031JG25F51148.

Is contract 2031JG25F51148 an order under another contract?

Yes. 2031JG25F51148 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51148 competed?

The extent of competition for 2031JG25F51148 was full and open competition.

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