Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51158
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,364,765
Award facts
- Contract value 100% obligated
- $2,364,764.55 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 delivery of raw gold bullion to support the Mint's gold bullion production operations. The contract has a ceiling value of $2,364,764.55 and a period of performance through April 23, 2025.
Stonex Financial LTD is an established vendor for the United States Mint, having been awarded numerous delivery order contracts for precious metal raw materials, including gold, silver, and palladium, since 2021. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling, and another for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.
This contract does not have a set-aside designation. The award demonstrates the United States Mint's strategic procurement approach of leveraging specialized international vendors to maintain a steady and reliable supply of precious metals required for the agency's manufacturing activities.
Quick answers
Who was awarded contract 2031JG25F51158?
2031JG25F51158 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 14, 2025.
How much is contract 2031JG25F51158 worth?
The government has obligated $2,364,765 on 2031JG25F51158.
Is contract 2031JG25F51158 an order under another contract?
Yes. 2031JG25F51158 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51158 competed?
The extent of competition for 2031JG25F51158 was full and open competition.
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