Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51161
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,421,128
Award facts
- Contract value 100% obligated
- $2,421,128.46 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 under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management with a focus on precious metals.
The contract, valued at $2,421,128.46, is a firm fixed price delivery order with an ultimate completion date of April 23, 2025. Stonex Financial LTD has been awarded numerous similar delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order. These contracts have been for the supply of raw materials including gold bullion, silver, and palladium to support the Mint's coin and medal production operations.
The contract does not have a set-aside designation, and Stonex Financial LTD appears to be the sole prime contractor. The award is associated with the United States Mint's strategic procurement approach using multiple-award indefinite delivery vehicle (IDV) contracts to maintain a reliable supply of critical raw materials from international sources.
Quick answers
Who was awarded contract 2031JG25F51161?
2031JG25F51161 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 14, 2025.
How much is contract 2031JG25F51161 worth?
The government has obligated $2,421,128 on 2031JG25F51161.
Is contract 2031JG25F51161 an order under another contract?
Yes. 2031JG25F51161 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51161 competed?
The extent of competition for 2031JG25F51161 was full and open competition.
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