Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51168
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,516,667
Award facts
- Contract value 100% obligated
- $2,516,667.29 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, a critical raw material used in the Mint's production of circulating coins, commemorative coins, bullion coins, and national medals.
The contract has a ceiling value of $2,516,667.29 and an ultimate completion date of May 2, 2025. It is not designated as a set-aside contract. Stonex Financial LTD is an established vendor for the U.S. Mint, having been awarded numerous delivery order contracts valued between $1 million and $22 million for precious metal raw materials since 2021.
The contract is part of the Mint's larger procurement strategy, which includes two significant indefinite delivery vehicle (IDV) contracts with Stonex Financial LTD for silver and gold raw materials, with a combined ceiling value of at least $10 billion. These IDVs allow the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F51168?
2031JG25F51168 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 14, 2025.
How much is contract 2031JG25F51168 worth?
The government has obligated $2,516,667 on 2031JG25F51168.
Is contract 2031JG25F51168 an order under another contract?
Yes. 2031JG25F51168 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51168 competed?
The extent of competition for 2031JG25F51168 was full and open competition.
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